The government has vowed it will push ahead with plans to privatise Nigeria’s power sector, despite the minister responsible for unbundling state power assets stepping down and increased opposition from unions.
Africa Energy
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Economic update | Nigeria: Powering up
13 Sep 2012
Since the discovery of offshore oil reserves in 2007, the Ghanaian government has reached a number of important decisions regarding production and distribution, and set the aim of reaching production in just 42 months. Crude oil output accounted for 6.8% of GDP in 2011, the first year of hydrocarbons production, and production is expected to be increased to 120,000 barrels per day by mid-2013....
Articles & Analysis | The local market: With refinery capacity limited, imports are needed to meet demand from The Report: Ghana 2012
While the government has been exporting its share of the country’s oil, demand at home continues to increase. With erratic and restricted refinery capacity hampering delivery to the domestic market, the cost of meeting this demand is becoming an increasing burden.
Articles & Analysis | Subject to scrutiny: Popular debate continues over contracts and revenues from The Report: Ghana 2012
One of the most important and often heated debates in the energy sector centres on the revenue agreements between the government and operators. While the contracts for the partners at the Jubilee Field were drawn up as far back as 2005, there is an increasing belief in the media and among local think tanks that Ghana should be getting more from its...
Articles & Analysis | Powering up: Looking to the private sector to meet the growing demand for electricity from The Report: Ghana 2012
The issue of electricity generation is once again creeping towards the top of the government’s agenda. With plans for rapid economic and industrial growth fuelled by hydrocarbons production, the burden on the country’s grid is likely to increase substantially over the coming years. As such, the moves toward privatisation which occurred in response...
