Kennedy Agyapong, the Maverick millionaire and lawmaker has been appointed board chairman of Ghana Gas Company by President Akufo-Addo.
“We want to assure you that we are going to corporate with you and we are going to ensure that the right thing is done,” the Assin Central MP said in his acceptance speech after a swearing-in ceremony by the Energy Minister Dr. Mathew Opoku Prempeh today.
Other members of the nine-member board are Mr. Ben KD Asante, the Managing Director of the company; Mr. John Darko, Mrs. Adelaide Mary Benneh; Awulae Amihere Kpanyinli; Mr Abraham Ossei Aidooh; Madam Delphine Dogbegah; Nana Owusu Ansah Ababio, and Mr. Stephen Sumani Nayina as members.
Dr. Prempeh charged the new Board to tackle the operational challenges of the company earnestly.
He said the nomination and swearing-in of the Board signified the President’s trust in them and therefore they must justify the confidence.
“Your nomination is indicative of His Excellency President Akufo Addo’s confidence in your individual and collective abilities to steer the affairs of one of the key state-owned companies in Ghana’s energy sector. You are by this appointment expected to provide direction and leadership in the day-to-day running of the nation’s premiere mid-stream gas business company”
Dr. Opoku Prempeh reiterated his approach of discouraging intra-energy sector debts where indebtedness was affecting the seamless operations of companies. He, therefore, charged the Board of Ghana Gas to ensure that all debts owed to the company are paid regularly.
“I am aware that in times past one of the major challenges Ghana Gas has faced is VRA’s indebtedness to it; payments for the gas supplied them in their operations were quite irregular. As you take over the helm of affairs, I urge you to be keen in ensuring that debts owed the company are paid regularly”
He continued “As sector Minister, one of my priorities is to rid the sector of avoidable debts especially, ones I call intra-energy sector debts. This will ensure the liquidity of companies in the carrying out of their operations as well as other financial obligations”
On technical issues, the Minister charged the board to be keen on quality assurance. This he says if sustained will be critical to the development of Ghana’s nascent gas industry. He further asked the Board to be sensitive to the community needs of the project-affected areas. This he says will ensure peaceful co-existence between the company and host communities.
The Ghana National Gas Company was established in July 2011 as a limited liability company with the responsibility to build, own and operate natural gas infrastructure required for gathering, processing, transportation and marketing.