INVESTORS AND MEDIA In the news
Earlier this month the gas power stations at our Tarkwa and Damang mines in Ghana received their first gas via a newly completed US$54m, 78km gas pipeline to replace trucked in gas. In line with our energy strategy, receiving gas in this way will help us reduce energy costs and ensure reliability of supply.
The pipeline was funded and constructed over a six months period by our energy partner at the two mines, Genser Energy. It connects the gas terminal at Prestea, near Takoradi, with the mines’ gas plants.
The benefits of a gas pipeline for us are significant:
DID YOU KNOW?
Our company in Ghana has over the years helped to develop strong local suppliers. Genser Energy is one of them. Since appointing Genser as a partner to develop the gas plants at Tarkwa and Damang in 2015 the company has expanded strongly. As a result Genser is now extending the Tarkwa/Damang pipeline by a further 200km to other customers at a total cost of almost US$200m.