Energy and Green Transition Minister John Jinapor has revealed that Ghana is in discussions with Nigeria to establish a barter arrangement under which electricity will be exported in exchange for gas.
Speaking at the Future Energy Conference (FEC), hosted by the Africa Centre for Energy Policy (ACEP), John Jinapor noted that such a framework could strengthen regional energy security and deepen integration across West Africa.
“The Ghana Nuclear Power Program for nuclear energy as a reliable base is also on the table. Regional power integration to deepen our participation in the West Africa Power pool to strengthen resilience and cost effectiveness is also witnessing significant milestones. So far, we supply power to Togo, we supply power to Burkina, we supply power to Cote D’Ivoire and we intend extending to other neighboring countries.We also supply power to Benin.
“In the spirit of that cooperation we believe that we can work together and we take gas from Nigeria. What Ghana does is that we take the gas from Nigeria, we generate power and re-export and we are in discussions with Nigeria to see if we can have a barter where we take their gas, convert it to power and export the power to Nigeria in the spirit of West Africa cooperation,” he said.
FEC is ACEP’s annual flagship event that creates the platform for key stakeholders and industry experts from government, multilateral and development institutions, the private sector, academia, and civil societies across the continent to discuss pertinent governance policies, innovations, and actions required to bridge Africa’s energy access gap and drive economic growth.
This year’s theme, “Financing Africa’s Energy Future: Unlocking Investments for Energy Access and Economic Transformation,” spurred discussions on mobilising investments to finance Africa’s energy transition to address the pervasive energy poverty and accelerate economic transformation across the continent.
