Ghana National Gas Company

Company profile

Ghana National Gas Company company profile

Ghana National Gas Company (GNGC), or Ghana Gas, is the national midstream gas utility responsible for gathering, processing, transporting, and marketing natural gas resources in Ghana. Incorporated in 2011 and starting commercial operations in 2014, the company produces vital products like lean gas, condensates, LPG, and isopentanes. GNGC's infrastructure, including a major processing plant in Atuabo, serves Ghana's power sector by supplying the Volta River Authority (VRA) and also provides gas for industrial use, contributing to the country's industrialization and economic development. Key aspects of Ghana National Gas Company: Mission and Mandate: To develop and operate the necessary infrastructure for the gathering, processing, transportation, and marketing of natural gas resources to foster Ghana's economic development. Core Business: GNGC acts as a midstream gas business, focusing on the "middle part" of the gas value chain—between the upstream exploration and production and the downstream distribution. Products: The company processes raw natural gas to produce: Lean Gas: Primarily used for power generation. Condensate, LPG, and Isopentanes: Byproducts sold for industrial and commercial uses. Infrastructure: GNGC owns and operates a sophisticated gas processing plant (GPP) located in Atuabo, in the Western Region, and a network of pipelines to transport gas and other products. Market & Customers: Power Sector: A primary customer is the Volta River Authority (VRA), which uses the gas to generate electricity. Industrial Sector: GNGC also supplies gas to various industries, including ceramic manufacturers and for fertilizer production, to support industrial growth. LPG Consumers: The company also provides Liquefied Petroleum Gas (LPG) to the public. Economic Contribution: GNGC is a crucial player in Ghana's energy sector, contributing significantly to the nation's energy stability and driving industrial growth. The company generates revenue through its operations, which in turn contributes to the national economy. Strategic Direction: Ghana Gas continues to expand its operations, including plans for a second gas processing plant and further pipeline development, to meet the growing demand for natural gas.