currently covers 188 districts. As ofJune, 2016, the beneficiaries have reached147, 94 households. Data collection usingelectronic tablets was completed in 58districts and 125, 987 households havebeen enumerated.
Mr Speaker, we also continue to makeprogress in the roads and bridges sector.Work is progressing steadily on majorroads such as the Ayanfuri-Asawinsoroad, Dodo Papase-Nkwanta road, Tarkwa-BogosorRoad, Agona Junction- Eluburoad, Anyaa-Pokuase road, the BurmaCamp-Giffard road which has reached 93per cent or 99.8 per cent completion, aswell as the flagship Kwame NkrumahInterchange Phase II project. Mr Speaker, over the last few years, wehave made significant investments in theprovision of potable water for our people.Major successes have been achieved andnational water coverage is expected toreach 85 per cent. Mr Speaker, we are making goodprogress in rural water projects, where atotal of 1,099 of the targeted 1,200 boreholeshave been drilled in the Central, Western,Northern, Upper East and Upper WestRegions. In the housing sector, Government isimplementing several projects, either onits own or in conjunction with the privatesector. These include; the continuing housingproject at Nyamedua Estates as well asthe Saglemi Phase II project.
Mr Speaker, the 836 unit Keta seadefence housing project has seen 616 ofsuch houses completed.
Mr Speaker, 368 unit security agencieshousing project at Tema New Town is on-going, following completion of 168 unitsat Tema Community 3 last year. Mr Speaker, SSNIT has taken over anumber of housing projects and work isprogressing very well at Sakumo-Klagon,as well as in other parts of the region. Mr Speaker, the petroleum sector isbeing integrated into the economy andcontributes about seven per cent to theGDP. Oil revenues contribute about threeper cent of total revenue and one per centto GDP. Among others, significantprogress has been made in the followingprojects; the two new oil fields, namely;the TEN field and the Sankofa-Gye Nyamefields, which are at various stages ofdevelopment. Mr Speaker, I am happy to report that,the first oil from the TEN field will likelyoccur in August this year, while theSankofa-Gye Nyame field is scheduled tostart production in 2017. Mr Speaker, the Atuabo Gas processingplant also continues to produce gas. It would be recalled that, HisExcellency, President John DramaniMahama, repeatedly assured Ghanaiansof the determination of his government tofix, rather than manage the powersituation. Consequently, under his ableleadership, the power sector hasbenefited from significant developmentsand invest-ments. Mr Speaker, some of the projectsinclude the Kpone Thermal Power Plant,the TICO power plants, the first half andphase II of the Asogli plant, the BXC solarplant, the Karpower and Ameri plants, andothers such as AKSA as well as theCenpower.
Mr Speaker, in essence, the existinginstalled capacity of the country andcontinued injection from new powerplants is enough to meet current demand. Mr Speaker, in the last four years, 2,861communities have also been connectedto the national grid. This has pushedaccess to electricity in Ghana from about80 per cent to 82.3 per cent between 2015and June 2016. We retain our position as second insub-Saharan Africa to only South Africa.Despite these investments, we are not outof the woods yet due to challenges of fuelsecurity. The current power sectorbottlenecks emanates from the turretbearing challenges and the supply of gas,as I noted, from the West Africa Gaspipeline. These incidents have reduced theamount of gas supplied to power plantswhich run mainly on gas. Mr Speaker, in a bid to ease the currentchallenges, government is supporting thedelivery of 400 thousand barrels of lightcrude oil to feed stock, to enable the dualfuel plants that we have to produce morepower. In the near to medium-term, thecommencement of commercial operationsof the TEN projects in August 2016, andthe OCTP project in 2017, would boostthe supply of gas in the power sector. Thefirst gas for TEN and OCTP are expectedin 2017 and 2018 respectively. Mr Speaker, we also need to improvefinancial and operational management inthe energy sector, particularly in electricityprocessing and distribution. This is theessence of the support which is beingprovided to ECG under the MillenniumChallenge Account Compact II.
Mr Speaker, the introduction of thederegulation of the downstream petroleummarkets in 2005, as part of the reforms tothe energy sector, has been given a majorboost. The automatic pricing formula thatwas used, was plagued with flaws leadingto government incurring, on average,about $400 million per annum and underrecoveries or subsidies, and US$200million on forex losses. By the first half of2015, it became obvious that the priceregulatory regime was unsustainable, andposed a huge drain on the fiscal andeconomic resources of the nation. Mr Speaker, it is important to note that,with the current liberalisation, we are oncourse, and have reduced long queues. Infact, queues at petrol stations havevanished. The subsidy that we used topay for petroleum products and utilityconsumption has gone down considerablyand subsumed in cross subsidy pro-grammes and above all, we are yet to seethe advent of forex loses under the newscheme. Mr Speaker, to this end, Governmenthas started a programme to support thepetroleum sector, and indeed, theimportation of light crude with strategicstocks. Mr Speaker, we are going to invest aportion of the Stabilisation Levy that waspassed by the House, and theInfrastructure Fund as I noted, in buildingmore fuel tanks and storing morepetroleum products as buffer, as it is donein countries as advanced as the UnitedStates of America (USA) and also in SouthAfrica. Mr Speaker, the massive investmentsin the energy, health, education and roadssectors are also continuing and they