Managers of the Ghana Gas Company have assured that the Atuabo gas processing plant will not be shut down on Friday over delays in raising the required funds to renew its insurance cover.
It was reported that delays in raising some $2.5 million to renew the company’s operating insurance policy, which could force it to suspend its operations.
The Member of the Energy Committee of Parliament, William Owuraku Aidoo, who raised the issue said the likely shut down could result in parts of the country being plunged into darkness from Christmas day.
The MP said he has sighted documents by Ghana Gas to the Select Committee of Parliament over the issue.
But the Corporate Communications Manager at Ghana Gas Company, Alfred Ogbamey, said the MP’s concerns are unfounded.
He explained: “We have never made such a presentation to the Select Committee of Parliament. We never told them that we are going to shut down by 25th December based on our inability or challenges with the renewal of our insurance cover, because as I speak to you now our insurance cover is valid and remains valid throughout the whole year”.
Although there would be a need to renew the insurance cover by end of 2015, “plans are far ahead to ensure that payment is made by end of the year”.