Ghana 1000 consortium signs up Excelerate Energy

The Ghana 1000 gas-to-power project partners have signed an agreement with floating storage regasification unit (FSRU) provider Excelerate Energy for an FSRU to supply the project planned for Aboadze. According to a joint statement from the project partners, the first phase of the Ghana 1000 project is expected to be completed in late 2016 and will add 125MW to the grid. This will increase to 750MW by 2018 and 1,300MW within five years. The project is led by General Electric and Endeavor Energy, with consortium partners Eranove and Ghanaian oil trader Sage Petroleum.