The West African Gas Pipeline Company Limited (WAPCo), which operates the WAGP, recently commemorated ten years of successful commercial operations in Ghana.
In order to transport natural gas in a safe, responsible, and dependable manner and to generate value for a variety of stakeholders, WAPCo was established as a joint venture comprising governmental and private sector organisations from Nigeria, Benin, Togo, and Ghana.
Owners of WAPCo include Takoradi Power Company Limited (16.3%), Societe Togolaise de Gaz (2%) and Societe BenGaz S.A. Chevron West African Gas Pipeline Ltd (36.1%), Nigerian National Petroleum Corporation (24.9%), Shell Overseas Holdings Limited (17.9%) and Nigerian National Petroleum Corporation (24.9%). (2 percent ).
Participants included WAPCo management and employees, shareholders, board members, decision-makers, CSOs, consumers, and others. The event's topic was "Driving Regional Energy."
Gregory Germani, the Managing Director of WAPCo, summarised the company's journey over the past ten years as "so far, so good," noting that "management, staff, and stakeholders have been very supportive to the success of the company's operations so far" at the event to cap off celebrations at the Accra Marriott Hotel.
He continued, "As part of the larger Takoradi to Tema Interconnection Project (TTIP), WAPCo collaborated with the Ministry of Energy, the Ghana National Petroleum Corporation (GNPC), and the Ghana National Gas Company (GNGC), with technical support from Eni Ghana, to complete the extension of the WAGP in 2020.
The TTIP's completion has transformed WAGP into a multi-shipper environment, enabling access to several natural gas supply sources for numerous consumers.
He said that in March of this year, the WAGP recorded the biggest one-day peak of 258 MMscfd and achieved the highest monthly average record of 215 MMscfd supply to consumers.
Mr. Germani reaffirmed WAPCo's dedication to provide consumers greener, more dependable electricity. In order to support regional economic growth and development, WAGP "guarantees a cost-effective, secure, cleaner, and dependable energy for power generation that will benefit families, communities, companies, and industries throughout the region."
Its dedication to safe operations to preserve life and property is shown in WAPCo's exceptional safety record and practises. With more than eight years and nine million worker hours without a recordable injury, WAPCo places a high premium on safety, he said.
Sylvia Ashley receives a long service award from Mr. Germani
"WAPCo will build on the strong foundations of the previous 10 years to have a stronger impact in the sub-region as we fulfil our purpose as a multinational firm carrying natural gas in a safe, responsible, and dependable manner," he continued. In the near future, we'll try to increase the number of industrial clients and new supply sources in our clientele.
Speaking on behalf of the shareholders, Sanjay Narasimhalu, Director, Commercial, Strategy and Business Performance at Chevron Nigeria Limited, thanked all parties involved for helping to make the WAGP project a reality. It was a remarkable journey and accomplishment that was made possible by shareholder support to bring the West Africa Gas Pipeline (WAGP) from concept to reality.
In order to improve the quality of life for its citizens, he continued, "the WAGP will be the backbone in West Africa's energy transition to a lower-carbon environment because it links plentiful, affordable, and clean natural gas to the expanding energy demand centres throughout West Africa."
A recipient of WAPCo's scholarship programme, Miss Juliet Annang Nuerkie, praised the business for helping the weak in the areas where it does business. She claimed that WAPCo had greatly aided both her family and the Kpone neighbourhood. Their kindness has made it possible for me to realise my ambitions and desires. I am convinced that with WAPCo's assistance, I will one day contribute significantly to my neighbourhood and the country as a whole, fulfilling my boyhood promise to do good.