Just30's Posts
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Lajet:Ghana currency is not worthless Ghana cost of living is very high Ghana standard of living is the highest in West Africa Of course any Nigerian holding a naira will find it difficult in Ghana because when your naira is exchanged to cedis you'll end up with very little money and it wont last you long because things are expensive here. No working Ghanaian earn less than 600 cedis and that's a fact because im a Ghanaian myself and i live in Ghana. anytime i come to Nigeria just a 1000 cedis is all i need cos its too cheap there |
Lajet:do you know how fast you cn earn 5,000 Cedis ? its called Standard of living and cost of living Is the American dollar the most useless currency in the world because 100 dollars in USA can buy you very little but in both Ghana and Nigeria it can get you to Heaven? |
Slaveryisgood:let see who the real slaves are someone who is in Ghana begging that their illegality be accepted Begging that their primitive way of living be accepted someone who has been saving, all his life just to come to Ghana |
bantudra:ILLITERACY WILL KILL YA |
bantudra:you seem to think Every Ghanaian is Asante ![]() ANYWAY tribalism is not importat in GHANA |
bantudra:we are not gays to go Bleep ourselves Anyway, Nigeria hasn't played any can of important role in Africa it won't be bad if you guys leave You're dents on Africans |
bantudra:but everyone knows that Ghana is a better place than Nigeria |
bantudra:Tell him what exactly ? |
bantudra:and what's your problem? They are Kenyans |
4kDdullard:see him running his mouth ![]() guy youre dumb do you know what a headquarters is |
4kDdullard:you will do yourself good by looking for millicom and rocket internet |
4kDdullard:Do you know who Millicom is ? do you know who Rocket internet is ? Millicom is a Dubai telecommunication company they are the owners of Tigo Ghana i think they are now owned by a company in Luxembourg |
rvp20182:you can only do those kinds of negotiations if you have the funds to build the infrastructure yourself |
rvp20182:Tanzania is sabotaging itself just to be able to get a good deal and in the process sabotaging everyone that have placed plans on their resources Shell and Equinor have confirmed their commitment to the $30bn Tanzania LNG project that will allow the African nation to export natural gas. Both companies have planned to build a natural gas plant since 2014, but the project has been delayed by political uncertainty within Tanzania’s mining industry. The government reformed mining legislation, which came into effect on 3 March, giving them the power to renegotiate contracts, a move that has concerned investors. However, the energy companies have said they are prepared to continue with the project. Shell spokesperson Sally Donaldson told Bloomberg: “For now, the focus is on agreeing to the Host Government Agreement that is to set the legislative, regulatory and fiscal terms for the project.” Donaldson added that before the investment decision can be completed, Shell will conduct a two-year, multi-million dollar engineering study, with the natural gas plant expected to take up to five years to construct. The project was originally due for completion by 2020. NKC Africa Economics analyst Jacques Nel told the news agency: “The government’s hard-line approach to dealing with large foreign investors in the natural resources sector also puts a dampener on foreign investor sentiment, particularly when considering the magnitude and timelines of LNG investments.” According to Tanzania Petroleum Development Corporation acting managing director Kapuulya Musomba, the government is working to push forward with the project, and has invited bids for a financial advisor to begin negotiating the terms of the project. Equinor has already invested $2bn in exploration for the Tanzania LNG project. Equinor executive vice-president for development and production Torgrim Reitan said: “We would like to see this project happen. What we need now is clarity on the commercial framework. When that is settled then it will allow us to move forward.” The company holds a majority 65% working interest in Block 2 offshore Tanzania, while ExxonMobil holds the remaining 35% stake. In June, Equinor (formerly Statoil) and ExxonMobil found an additional two to three trillion cubic feet of natural gas in the Piri-1 well, increasing total discovered reserves to around 20 trillion cubic feet. Shell and Ophir Energy hold interests in Blocks 1 and 4 offshore Tanzania. |
68816419:you dont know how affordable housing works |
Tema LNG Terminal Company Ltd. on Sunday, September 2, 2018, signed an agreement with China Harbour Engineering Company, for the construction of a Liquefied Natural Gas (LNG) Terminal to be sited in Tema. Tema LNG Terminal Company Ltd. is an entity controlled by Helios Investment Partners, the world’s largest Africa-focused private equity fund. The LNG Terminal is being constructed on the back of a 12-year gas supply agreement that was executed between the Ghana National Petroleum Corporation (GNPC) and Rosneft, a global LNG trader and the world’s largest listed oil producer. Rosneft subsequently engaged Tema LNG Terminal Company for the provision of the regasification services. The LNG Terminal, which will be completed in 18 months, will be Sub-Saharan Africa’s first regasification terminal, strengthening Ghana’s position as a regional trade and energy hub. The project, which will generate some 1,600 jobs, is estimated to provide about two million tonnes of liquefied natural gas every year. This would mean that the facility would supply about 30% of Ghana’s total electricity generating capacity, displacing crude oil and crude derivatives as fuel sources for the generation of power. In addition, a concession agreement signed between the Ghana Ports and Harbours Authority (GPHA) and Tema LNG Terminal Company Ltd, to allow for the siting and operation of the facility within the Tema port, will deliver an annual revenue in excess of $6 million to GPHA throughout the total concession period. Witnessing the signing of the agreement, in Beijing, China, as part of his official visit to that country, President Akufo-Addo indicated that the Tema LNG Terminal Project is a testament to the efforts his government has put in place over the last 19 months to encourage private sector participation in the growth of the economy. The President noted that the construction of the terminal is in line with the commitment of his government to providing Ghana with constant, reliable and affordable power supply. He stressed that “if we are going to succeed in pushing the industrial development of our country rapidly, the supply of gas, which will mean even more affordable rates of power, to our country is now a matter of very great importance for us.” The Tema LNG Terminal Project is a private sector funded and driven project, led by established international sponsors, such as Rosneft, the world’s largest listed producer of crude oil, and Helios Investment Partners, the world’s largest Africa-focused private equity fund. As such, there was no requirement for capital from Government. The cost of the project is estimated in excess of some $350 million, of which $200m would be spent directly in Ghana over the next 18 months. China Harbour Engineering Company, which is already involved in the current Tema port expansion project, is constructing the marine facilities, whilst Jiangnan Shipyard of China will be constructing the floating regasification facility. The Terminal will be transferred to government (GNPC and GPHA) after 12 years. The contract was signed by Ogbemi Ofuya, the Director, Tema LNG Terminal Company Ltd, and Lin Yichong, Chairman, China Harbour Engineering Company Present at the signing ceremony were the Minister for Roads and Highways, Hon. Kwasi Amoako-Atta; Minister for Railways Development, Hon. Joe Ghartey; Minister for Agriculture, Hon. Owusu Afriyie Akoto; Minister for Information-designate, Hon. Kojo Oppong Nkrumah; and the Chief Executive Officer of the Ghana Investment Promotion Centre, Mr. Yofi Grant, amongst others. |
rvp20182:I think its because they don't have the necessary facilities yet |
rvp20182:yeah we've done so well keeping them in check else West Africa will be filled with bandits |
rvp20182:no Houses buy take their cylinders to the nearest gas refilling points to buy gas LPG for domestic use Because of accidents during refilling, a new policy is being implemented whereby all gas cylinders will be refilled at central refilling points around the country and consumers will just have to placed a call to get a filled gas cylinder delivered to them. LNG is a condenses natural gas transported across the high seas and the client country will have to have a conversion facility to convert it back to natural gas for industrial use. |
The failure of Nigeria to even be a reliable gas supplier is the reason why we have to contract Gazprom to deliver LNG to Ghana all LNG projects will be completed next year. with all LNG facilities up and running, Ghana will be supplying gas to alot of countries in West Africa. |
rvp20182:Sources within the Ghana National Petroleum Corporation (GNPC) have confirmed, exclusively to Citi Business News, that the company’s board has approved the awarding of a long term Liquefied Natural Gas (“LNG”) supply contract to Gazprom, the world’s largest producer of gas. The long term supply contract is expected to significantly increase the country’s energy security, providing Ghana with 250 MMscf/d of competitively priced gas. The contract will be with Gazprom’s marketing and trading group, headquartered in London with subsidiaries in the USA, Singapore, France, UK and Switzerland. The contract volumes are sufficient to satisfy more than 1000MW of thermal generating capacity, this coupled with Gazproms experience in large scale gas to power, will go a significant step towards permanently removing the scourge of Dumsor. It will also position Ghana as an Energy hub facilitating the supply of gas from Ghana to neighbouring countries, creating significant opportunities for employment and enterprise. The entry into Ghana of a super major gas company will undoubtedly transform the energy sector bringing access to gas related finance and expertise on a world class level. Our research suggests that the deal struck by GNPC and the Ministry of Energy will be underwritten by Gazprom’s large balance sheet with no capital required from government. Gazprom is the world’s largest supplier of gas and owner of gas related infrastructure.It operates in all parts of the “gas chain” from exploration and production, petrochemicals through to transportation, power production and marketing of Liquefied Natural Gas to customers. The company’s revenues in 2016 were $100bn, more than double Ghana’s GDP. It is the largest supplier of gas to Western Europe and controls more than 200 billion barrels of energy or 17% of the worlds total overall gas resources. Its portfolio of global assets will allow it to guarantee long term reliable supply for Ghanaians. The company is a leader in LNG production, with access to more than 50 million metric tonnes of LNG. Its long term supply contract with Ghana will be for 1.7 million metric tonnes (250 MMscf/d) and will be added to existing long term sales to Japan, Korea, China, India, Taiwan, the UK, the USA, Kuwait, the United Arab Emirates, Mexico among others. Shipping accounts for up to 15-20% of the total LNG gas price. Citi Business News researchers have been told the supplies to Ghana are likely to be delivered from Ghana’s neighbour Cameroon, where Gazprom has exclusive rights to the gas produced from the SanagaSud and Ebome fields. The location of the resources in close proximity to Ghana will help to guarantee low prices and increase security of supply. Ghana’s interest in gas is also fuelled by the country’s desire to rid itself of the problems associated with Dumsor and inefficient power generation. Gazprom’s position as the world’s largest producer of gas has allowed it to develop significant expertise in power generation. As of 2016 it was also the world largest generator of thermal energy owning more than 38,000 GW of power generating capacity. Ghana’s overall thermal generating capacity is close to 3500 MW.Gazprom’s strategy in Russia and other markets has been to utilise its low cost of gas production to deliver low priced and reliable electricity to both industrial and retail users. In 2016 the company spent more than $2bn on increasing generating capacity in its global portfolio, its access to capital and technological expertise (the company employs 15,000 engineers) allows it to quickly deliver large scale projects. Citi Business News understands that Gazprom’s power experts have already visited Ghana and have begun negotiations with Ghana’s state agencies regarding implementing a large power project to compliment the arrival of LNG. Ghana’s initial foray into LNG was marked by transactions with entities with little or no track record. The decision to partner with a global leader in gas is testament to the government’s ability to attract, to Ghana,high quality international investment and technical competence. Gazprom’s reliable sources of supply and experience in developing gas to power allow Ghanaians to look forward to a future without Dumsor. |
rvp20182:I will love to see Kenyan firms and Ghanaian firms work together |
rvp20182:Ghana consumes a lot of fuel Natural gas and other heavy fuels our current production is not enough and in the future, we will have to import more If new discoveries are not made. when ENI comes on stream, they will produce 180 million cubic feet of Gas per day in addition to what jubilee fields are producing and it would still not be enough for Ghana. Ghana is the single largest gas consumer in West and central Africa |
68816419:cos the logistics of moving between Kenya and Ghana is non-existent. It amazes me sometimes when you can't find Kenyan brand of tea on the shelves meanwhile, they make some of the best teas in the world but we can easily find ZEPTA and co that is why the free trade agreement is necessary while we work on the logistics |
rvp20182: ![]() im even wondering A country that fears import from even Burkina Faso is calling itself giant i cant stop laughing Trade between Ghana and Nigeria is less than 60 million dollars without adding oil yet these buffons say they control the Ghanaian economy can you imagine that ![]() Ghana import a billion dollars of oil and gas products from Nigeria and if they joke we will take our monies away and give it to Equatorial Guinea |
rvp20182:they society is rotten to the core These Nigerians are so afraid of competition to the extent that, they are banning common Maize import ![]() Yet they think they have a right to flood Ghana and do petty trading ![]() Ghana import a billion dollars worth of meat and fresh vegetables from Burkina Faso Just imagine what will happen to Burkina Faso economy, if Ghana place a ban on the import of those products |
darfay: keep on laying claims |
achimotan:Nigerians can be so stupid to the extend that you sometimes question if they are even Human at all they lack the ability to reason ![]() All they know is to lay claim to the successes of others |
jaycent: ![]() Lord have mercy first of all Nestle is not a product, its a company second Nestle is not a Nigerian company third Nestle Ghana produce all of those products here you guys just have no shame |
jaycent:frustrated illiterate ![]() |
jaycent:Dude , stop typing (the most biggest fool) is tautology you've not seen him before, so don't claim it are you 12 |
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. Ghananians are the most stupid Africans after Kenyans.
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