The Ghanaian Government said it would pay a Nigerian gas consortium 170 million dollars it owed by February, apparently resolving a dispute that led the consortium to threaten to cut supply.
Ghana’s state power generating company, the Volta River Authority, will settle the debt to Nigeria’s N-Gas in three tranches starting in November, said Kweku Sersah.
He is a spokesman for Ghana’s Ministry of Power.
Sersah also said that the terms were still being finalised.
“The high-powered delegation that went … (to the Nigerian capital Abuja) was able to negotiate for Nigeria Gas (N-Gas) to continue to supply the country the needed gas,” Sersah said in a statement.
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