The Minister of Energy and Green Transition, Dr John Jinapor, has reaffirmed the government’s commitment to transforming the country’s energy sector, presenting a compelling case for both local and international investors to get involved.

Delivering a keynote address at the Accra Investor Briefing on Monday, April 14, 2025, the minister highlighted government’s strategic focus on developing infrastructure for processing and refining Ghana’s oil and gas resources.

He emphasised that this initiative has unlocked a wealth of investment opportunities.

Promoting the Petroleum Hub project as a flagship initiative, John Jinapor described it as a transformative venture for Ghana’s energy landscape and a magnet for capital.

“The government is resolute in completing Africa’s largest and only petroleum hub complete with ancillary facilities.”

“This development will unlock significant avenues for investors to deploy their capital,” he said.

He stressed the importance of a robust infrastructure to fully leverage the country’s hydrocarbon potential.

“Infrastructure for oil and gas processing is essential for any nation aiming to maximize the value of its energy assets,” he noted.

He continued; “To this end, we plan to build three oil refineries, each with a minimum capacity of 300,000 barrels per stream day along with five petrochemical plants, tank farms and related facilities.”

Jinapor revealed that a 20,000-acre site has been secured in Jomoro, Western Region, to host the project with government plans underway to provide key enablers such as roads, water and electricity.

He also highlighted the establishment of the Petroleum Hub Development Corporation (PHDC) as a critical institution to streamline investment processes and coordinate regulations.

“The PHDC will support investors by liaising with regulatory bodies to obtain the necessary permits. Investors operating within the Free Zones will also enjoy incentives such as import duty exemptions to ensure a smooth experience,” he explained.

During a panel discussion, the Chief Executive Officer of PHDC, Dr Toni Aubynn, urged local investors to engage actively with the Petroleum Hub project.

“Local stakeholders should confidently seize this opportunity...The Petroleum Hub promises significant long-term value for those who get involved,” he stated.







SA/MA

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