The Chief Executive Officer of Ghana National Gas Company, Dr Ben K.D Asante, says the current crisis between Russia and the rest of Europe over gas supply offers Africa the opportunity to supply the commodity to the Old Continent.
According to him, the African continent has about 10 to 12 percent of the gas reserves in the world but only utilises 4 percent.
“So, we have all it takes to export what we don’t use,” Dr Asante said.
He made this known at the maiden Gas Commercialisation Workshop organised by Geneva-based Global Gas Centre (GGC) in collaboration with Ghana Gas.
Themed ‘The Role of the State in Promoting Gas Commercialisation’, the one-day workshop held at the Holiday Inn Hotel in Accra on Tuesday, June 28 was aimed exploring opportunities in maximising the commercial value of gas.
The workshop forms part of a series organised by GGC across Africa in the face of an expected dip in supply occasioned by the Russia-Ukraine crisis.
Dr Asante admonished stakeholders in Africa to look for investors in Europe who will no longer depend on Russia as a result of the sanctions imposed on the Eastern European nation.
“Sanctions on Russia offer Africa a significant market in Europe,” he stressed.
Other speakers at the workshop included Executive Director of GGC Valerie Ducrot, commercial and corporate lawyer Anna Nerush, President of the Monitoring Observatory of Economic Development Indicators of Africa (OSIDEA) Cheikhou Oumar Sy among others.
Source: 3news.com
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Mr. CEO, stop building castles in the air, is gas available to every African or Ghanaian for you to talk of the impossible. What you people know is to run down, you can't make. Will you sell your household food to another person however attractive the price is when household itself is lacking. Let's narrow down to Ghana , we claim to produce crude oil and yet fuel prices cannot be controlled, so what's the difference between us and Burkina Faso which does not produce a gallon of crude oil? A maize farmer who's wife still goes to the market to buy maize. A Fulani man with cattle going to buy cow milk to feed his family. This is same state in which Ghana finds itself today. A country endowed with almost all the natural resources on earth ie arable lands, cocoa, bauxite, timber, gold, crude oil, the sea together with all the aquatic life in it, unfortunately no clean and selfless leader to propel Ghana forward. Everybody is struggling to get power to appoint his tribesmen, a few school mates, friends and girlfriends to also come in to represent themselves not the people, thus create, loot and share becomes the order of the day. Dear God/Allah curse any politician who has stolen fro the people of this country, ensure their stolen wealth don't sustain their families. Ameeen.