Ghana is in negotiations with Nigeria to create a barter system whereby energy will be exported in return for gas, according to Energy and Green Transition Minister John Jinapor.
Speaking at the Africa Centre for Energy Policy (ACEP)-hosted Future Energy Conference (FEC), Mr. Jinapor claimed that the framework would increase West African integration and regional energy security.
“We believe we can work together. Ghana takes gas from Nigeria, generates power, and re-exports.”
“We are in discussions to see if we can create a barter arrangement where we take their gas, convert it into power, and supply electricity back to Nigeria in the spirit of West African cooperation,” he asserted.
He also emphasized Ghana’s expanding involvement in regional power integration, pointing out that Togo, Burkina Faso, Côte d’Ivoire, and Benin currently receive electricity from the nation.
He went on to say that Ghana’s nuclear energy program is still being considered as part of the subregion’s attempts to develop a dependable base-load supply.
ACEP’s annual flagship event, the Future Energy Conference, brings together governments, academia, private sector players, multilateral institutions, and civil society to address the policies, innovation, and governance needed to bridge Africa’s energy access gap.
The goal of this year’s event, “Financing Africa’s Energy Future: Unlocking Investments for Energy Access and Economic Transformation,” was to mobilize investments in order to combat energy poverty and hasten the economic transformation of the continent.
Source: newsthemegh.com