21st May 2024

Dr. Ben Asante, Ghana Gas CEO

The Ghana National Gas Company Limited (Ghana Gas) says there is no external influence being exerted on its Chief Executive Officer regarding the award of contract for the Engineering, Procurement, Construction, Commissioning (EPCC) and financing of the Gas Processing Plant Train 2 (GPP2 project).

It pointed out that contrary to a viral publication that suggested otherwise, the process leading to a suitable tenderer for the execution of the project had been conducted in accordance with the law.

A statement signed by the Head of Corporate Communication, Ernest Kofi Owusu Bempah Bonsu, indicated that following the approval by the Board of Directors of Ghana Gas in 2021 to commence the GPP 2 project, management applied and sought approval from the Public Procurement Authority (PPA) to adopt the restricted tender procurement method under Section 38(a) of Act 663 as amended for the EPCC and financing of the GPP2 project.

Consequently, four firms submitted their tenders and “upon evaluation of their Technical and Financial bids, by the Entity Tender Committee, the selected tenderer was awarded the contract following concurrent approval received from the Central Tender Review Committee (CTRC) of the Ministry of Finance.”

“Accordingly, Ghana Gas and the selected tenderer have signed a Project Implementation Agreement to outline the terms and conditions for the EPCC and financing of the project,” it said.

The statement further disclosed that “the selected tenderer has incorporated a special purpose vehicle (SPV) to undertake the project and Ghana Gas is currently in negotiations with the SPV to execute the relevant agreements for the implementation of the project.”

Caution

Describing the various claims as mischievous, it urged the public to disregard the publication which sought to dent the image the company and the entire process.

“Ghana Gas condemns in no uncertain terms such misleading publications regarding the award of the contract for the Engineering, Procurement, Construction, Commissioning (EPCC) and financing of Ghana Gas’ project technically known as the Gas Processing Plant Train 2 (GPP2 project),” it stressed.

Portions of the statement also cautioned the media to be circumspect with their reportage, verify and cross-check their fact to prevent any harm to the reputation of innocent individuals and organizations.

Ghana Gas pledged its commitment to upholding the highest ethical standards in all its operations.

 

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