Business

WAPCo commits to cleaner and reliable energy

Managing Director of the West African Gas Pipeline Company Limited, (WAPCo), operator of the West African Gas Pipeline (WAGP), Gregory Germani has assured of his outfit’s commitment to providing cleaner and reliable energy for customers.

According to him, his outfit has an enviable safety practice and record which reflected its commitment to safe operations to protect lives and property.

Speaking at a ceremony to celebrate WAPCO’s ten years of commercial operations in the Oil and Gas industry, Managing Director of the West African Gas Pipeline Company Limited, Gregory Germani, said WAPCo will build on the strong foundations of the past 10 years to make greater impact in the sub-region.

“WAGP guarantees a cost-effective, secure, cleaner, and reliable energy for power generation for regional economic growth and development that will benefit families, communities, businesses, and industries across the region.

“For us at WAPCo, safety is a foremost priority with over eight years and nine million workforce hours without a recordable injury,” he said.

He further added that “WAPCo will build on the strong foundations of the past 10 years to make greater impact in the sub-region as we fulfil our mission as an international company transporting natural gas in a safe, responsible, and reliable manner. We shall seek to further expand our customer base to industrial customers and new supply sources in the near future.”

Gregory Germani, also summed up the company’s journey over the past decade as “so far, so good”, stating that “management, staff and stakeholders have been very supportive to the success of the company’s operations so far.”

“WAPCo collaborated with the Ministry of Energy, the Ghana National Petroleum Corporation (GNPC), and the Ghana National Gas Company (GNGC) with technical support from Eni Ghana, to complete the extension of the WAGP in 2020 as part of the larger Takoradi to Tema Interconnection Project (TTIP),” he added.

The completion of the TTIP, has transitioned WAGP into a multi-shipper environment, allowing access to multiple supply sources of natural gas to multiple customers.

“In March this year, the WAGP set the highest monthly average record of 215 MMscfd delivery to customers and saw the highest one-day peak of 258 MMscfd,” he noted.

Director, Commercial, Strategy and Business Performance at Chevron Nigeria Limited, Sanjay Narasimhalu, who spoke on behalf of the shareholders congratulated all stakeholders for making the WAGP project a reality.

“Moving the West Africa Gas Pipeline (WAGP) from vision to reality was an incredible journey and accomplishment worth celebrating and made possible through shareholder partnership, government collaboration, a unified workforce, and the perseverance of all involved.”

He added that “the WAGP will be the backbone in West Africa’s energy transition to a lower carbon environment because it connects abundant low-cost and clean natural gas to the growing energy demand centers across West Africa to improve the quality of life of its people.”

A beneficiary of WAPCo’s scholarship scheme, Juliet Annang Nuerkie, commended the company for supporting the vulnerable in the communities where it operates.

“WAPCo has been a great help to her family and the Kpone community. Their generosity has allowed me to make my dreams and goals a reality. I am confident that with WAPCo’s help, I will one day become a valuable member of my community and the nation at large, keeping my childhood vow of helping others,” she said.

WAPCo was founded as a joint venture between public and private sector companies from Nigeria, Benin, Togo and Ghana – to transport natural gas in a safe, responsible and reliable manner to create value for diverse stakeholders.

WAPCo is owned by Chevron West African Gas Pipeline Ltd (36.9%); Nigerian National Petroleum Corporation (24.9%); Shell Overseas Holdings Limited (17.9%); and Takoradi Power Company Limited (16.3%), Societe Togolaise de Gaz (2%) and Societe BenGaz S.A. (2%).

The event, which took place at the Accra Marriott Hotel was under the theme “Driving Regional Energy”, and attended by management and staff of WAPCo, shareholders, board members, policy makers, CSOs, customers, and other stakeholders.

Source: Ghana Business

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button