Ghana’s Minister of Vitality and Inexperienced Transition John Abdulai Jinapor will ship a keynote speech on the Put money into African Energies: Accra Investor Briefing on April 14, 2025. The discussion board will supply strategic perception into the nation’s latest and upcoming regulatory reforms because the nation drives over 17 oil and gasoline initiatives over the subsequent three years. Minister Jinapor’s participation won’t solely generate higher consciousness round Ghana’s vitality and funding alternatives however interact international operators and financiers forward of the African Vitality Week (AEW): Put money into African Energies convention this September.
By business reform, Ghana is positioning itself as a significant funding hub in West Africa. Within the pure gasoline sector, the nation’s Gasoline Grasp Plan (GMP) affords a market development technique by 2040. The GMP incentivizes capital and know-how deployment throughout the gasoline worth chain, supporting main investments that intention to unlock the total potential of Ghana’s 2.1 trillion cubic ft of estimated gasoline reserves. Within the oil sector, latest amendments to legal guidelines requiring firms to allocate not less than 15% of every challenge to the state as free and carried curiosity in addition to extra versatile oil royalty regimes are selling funding. These amendments create a extra business-friendly working setting in Ghana and can help upcoming initiatives and portfolio enlargement.
The advantages these reforms are already exhibiting. In 2025 alone, main initiatives such because the Pecan 1A Upstream Mission – developed by Aker Vitality, Lukoil and the Ghana Nationwide Petroleum Company (GNPC) – and the Atuabo II Gasoline Processing Plant – developed by Ghana Gasoline and companions – will come on-line. Pecan will monetize as much as 268 million barrels throughout two phases whereas the Atuabo challenge will produce 150 million commonplace cubic ft per day (mmscf/d) within the first part and 300 mmscf/d within the second part. A 2025-2026 drilling program can be underway on the Jubilee and TEN fields, operated by Tullow Oil. The corporate seeks to drill one producer and one injector properly on the Jubilee discipline this yr, with a 4D seismic survey throughout each fields underway. GNPC additionally plans to drill an exploration properly within the Voltaian Basin in 2025, showcasing a dedication to opening new exploration performs in Ghana.
Along with upstream initiatives, Ghana has dedicated to growing an built-in petroleum hub within the nation. The primary of its sort within the area, the hub will function the event of three refineries, 5 petrochemical vegetation, storage tanks, jetties, a port and related LNG and logistics infrastructure. Agreements had been signed in 2024 to develop the primary part of the built-in hub challenge, with the TCP-UIC personal sector consortium offering monetary help. The Put money into African Energies: Accra Investor Briefing will unite financiers to debate funding alternatives for the hub in addition to different main infrastructure initiatives in Ghana.
Serving as a prelude to AEW: Put money into African Energies 2025, the Accra Investor Briefing will unpack how the nation’s vitality roadmap creates numerous funding alternatives for international firms. Minister Jinapor will ship a keynote deal with, sharing perception into business reforms and future prospects. A hearth chat between NJ Ayuk, Govt Chairman of the African Vitality Chamber (AEC) and the Minister will supply additional perception into Ghana’s plans to place itself as an vitality hub in West Africa and the way the nation is unlocking million-dollar funding alternatives throughout the oil, gasoline and broader vitality industries.
“Ghana is quickly rising as one in every of West Africa’s most fun oil, gasoline and infrastructure markets, and all credit score is because of the Ministry of Vitality and Inexperienced Transition. By prioritizing reforms that strengthen the working setting, Ghana is selling engaging phrases and long-term investments. The Accra Investor Briefing will function an important platform to share updates on these reforms whereas partaking traders and challenge builders taking a look at Ghana’s vitality alternatives,” states Ayuk.
Distributed by APO Group on behalf of African Vitality Chamber.
