- Nigeria may curb the supply of natural gas to Ghana because the country hasn’t paid more than a year of bills for the fuel, the West African Gas Pipeline Corporation said.
- Ghana stopped paying for the fuel from Africa’s largest economy in August of 2014, Harriet Wereko-Brobby, spokeswoman for the pipeline company, told Bloomberg.
- The Nigerian Gas Company sent a letter to Ghana’s largest power producer, the Volta River Authority, announcing the possible cut in supply, she said.
“It’s always possible to have the curtailment at any moment,” she said.
- Ghana and Nigeria lowered their economic growth forecasts this year because of a drop in oil prices that reduced revenue and made it harder to meet budget deficit targets. Ghana has been struggling to meet power demand because of low water levels at a its largest hydroelectric dam and a lack of natural gas to power thermal plants. Nigeria is the continent’s largest producer of oil and has sub-Saharan Africa’s largest deposit of natural gas.
- Ghana received as much as 90 million standard cubic feet of gas per day from Nigeria in the past month, Wereko-Brobby said.