Ghana Gas Board Dissolved

Ghana Gas Company has announced the retirement of its board, effective February 4, 2016.

The decision was arrived at by a resolution taken at a meeting held on January 13, 2016 to retire all non-executive directors of the company.

The non-executive directors of the company are Dr Kwesi Botchwey, Dr Valerie Esther Sawyerr, Mr Eric Nathaniel Yankah and Mr William Patrick Tewiah.

Read full statement below

The Board of Ghana National Gas Company (Ghana Gas) has announced its retirement effective February 4, 2016.

On assumption of office in July 2011, the Board immediately commenced operations by successfully establishing the administrative and operational structures of the company from scratch, and superintending the recruitment of key staff.

Following the Board’s review of the Gas Task Force Report and the then options for the development of gas infrastructure, the Board decisively chose a configuration of having an onshore gas processing facility to process raw natural gas and produce various products including lean gas for power production, liquefied petroleum gas and other natural gas liquids for domestic and industrial use.

The Board implemented the Western Gas Infrastructure Project and successfully brought the Gas Processing Plant, associated pipelines and auxiliary equipment into operation in November 2014, despite a number of incipient challenges that the company faced during the development phase of the project.

Today, the company is well-grounded and has successfully completed a first full year of commercial operations, has suitably trained staff to man its facilities and operations and is posed to maintain its leadership in the downstream gas market in Ghana.

The Board is grateful for the support received from the Government of Ghana especially His Excellency the President, the mayor stakeholders including SinoPec of China, which was the main contractor for the gas infrastructure project, and the  Chiefs and people of the respective traditional areas within the project’s  catchment area.

The Board also commends management and staff of the Company for their sense of diligence and dedication to duty, without which the Company would not have chalked its achievements.

It is expected that the incoming Board, when appointed, will be given the same level of support that this Board experienced from all the stakeholders.

The Board is grateful for the opportunity to have been of service to the Nation.

A copy of the Board’s Terminal Resolution is attached

Signed

Dr. Kwesi Botchwey

Chairman