The Chief Executive Officer of the Ghana National Gas Company, Judith Adjobah Blay, has called on the Public Utilities Regulatory Commission to review and increase gas transmission tariffs to enable the company to meet rising operational costs and finance future investments.
She made the appeal on Friday, April 24, during a visit by Parliament’s Select Committee on Energy to the Atuabo Gas Processing Plant in the Western Region, where she highlighted the financial demands involved in maintaining the facility and ensuring a reliable gas supply for power generation.
Mrs Blay stressed that a tariff adjustment was essential to support critical maintenance works and planned upgrades at the plant, explaining that the company needed adequate revenue to continue operating efficiently and meet the growing demands of the energy sector.
“It’s very necessary that we at Ghana Gas go to the PURC to convince them of certain expenditures and investments that we’re doing that warrant an increase, especially in our transmission tariffs,” she said.
She warned that failing to secure enough funds for the upkeep of the plant could have serious implications for the country’s energy supply, insisting that the risks of underfunding operations would outweigh the impact of a marginal tariff increase.
“If Ghana Gas does not have sufficient funds to operate and maintain the plant, the consequences will be far more dire than a slight increase in tariffs,” she stated.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Source: www.myjoyonline.com