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ACEP-IMANI Response on Genser-GNPC Gas Deal Committee Report August 2023

In September 2022, ACEP and Imani initiated an investigation into a sole-sourced contract between Genser and GNPC, encompassing a combined gas and pipeline infrastructure agreement. Our analysis revealed that Genser stood to receive $1.5 billion in gas discounts over a sixteen-year period while utilizing effectively subsidised infrastructure to expand its enclave power projects across the country. These subsidies allowed it to poach bulk consumers from state entities such as VRA and ECG.

In the course of seeking clarity on the rationale behind Ghana’s commitment of $1.5 billion in officially unacknowledged subsidies delivered through GNPC, the select committee on mines and energy announced its intent to investigate our claims.

Find the Full Report Below:

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