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Ghana Gas Achieves $250 Million Savings with Local Workforce

2024-11-17 19:51:42.207000

On November 17, 2024, Dr. Ben K. D. Asante, CEO of Ghana National Gas Company Limited (GNGCL), announced that the company has saved over US$250 million by employing only Ghanaian engineers and technicians since April 2017. This strategy has resulted in savings of approximately US$3 million per month, showcasing the effectiveness of local talent in managing operations [79c27110].

GNGCL, established in July 2011, plays a crucial role in Ghana's energy sector, supplying 80% of gas for thermal power generation and meeting 50% of the domestic liquefied petroleum gas (LPG) requirements. The company has around 1,000 Ghanaian staff who have successfully conducted maintenance shutdowns solely with local engineers, further demonstrating the capabilities of the domestic workforce [79c27110].

In addition to its operational achievements, GNGCL has completed over 400 corporate social responsibility projects across 16 regions in Ghana, reinforcing its commitment to community development and infrastructure improvement [79c27110].

This focus on local employment not only contributes to significant cost savings but also enhances the skills and expertise of Ghanaian engineers and technicians, fostering a sustainable energy sector in the country. As Ghana continues to develop its gas infrastructure, the success of GNGCL serves as a model for leveraging local resources to drive economic growth and energy security [79c27110].

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