Insight
Ghana's LNG imports: will they start, will they last?
Report summary
After years of unreliable supply from Nigeria and delays to domestic gas developments, Ghana has planned to import LNG to address is gas shortages. LNG would allow Ghana to meet latent gas demand, as well as lowering fuel procurement costs. With a large part of existing generation from hydro, the flexibility that LNG provides will also allow sustainable power supply independent of seasonal and annual weather patterns. The Golar Tundra FSRU has been delivered to Ghana but deliveries have yet to begin as key infrastructure remain unconstructed. As indigenous gas production ramps up rapidly from 2018, the window for LNG imports is closing. Deliveries could begin early in 2017 but further delays would raise questions about the validity of the import project.
Table of contents
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Executive summary
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Why is Ghana looking to import LNG?
- Cheaper and adequate fuel is a priority to meet demand
- Supply disruptions have strained the market – and this could continue
- Electricity demand will drive growth
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It could be a good time to import LNG
- How will LNG imports work?
- How long will LNG be needed for?
- Conclusions
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Why is Ghana looking to import LNG?
Tables and charts
This report includes 7 images and tables including:
- Gas into power requirements
- Power generation forecast by fuel
- Timeline of Ghana's gas story
- Historic electricity generation by plant type
- Ghana monthly imports via WAGP
- Ghana annual imports via WAGP
- Ghana's gas flows
What's included
This report contains:
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