Ghana to sign natural gas import agreement with Equatorial Guinea

Ghana’s President Nana Akufo-Addo plans to sign an agreement to import liquefied natural gas from Equatorial Guinea.

This came during his three-day visit to the Gulf of Guinea petroleum producer. Though an oil and gas producer in its own right, Ghana has in the past struggled to ensure reliable power production for a growing domestic market.

Equatorial Guinea, meanwhile, is exploring the possibility of selling a portion of its LNG cargos to its African neighbours.

A statement from Akufo-Addo’s communications director said the president was expected to sign a framework document with his counterpart to import LNG for five years.

The deal is part of a broader strategy by Ghana’s to boost supplies to fuel power plants.