Ghana’s Minister of Power 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 current and upcoming regulatory reforms because the nation drives over 17 oil and gasoline initiatives over the following three years. Minister Jinapor’s participation won’t solely generate higher consciousness round Ghana’s vitality and funding alternatives however have interaction overseas operators and financiers forward of the African Power Week (AEW): Put money into African Energies convention this September.
By means of trade reform, Ghana is positioning itself as a serious funding hub in West Africa. Within the pure gasoline sector, the nation’s Fuel Grasp Plan (GMP) gives a market progress technique by means of 2040. The GMP incentivizes capital and know-how deployment throughout the gasoline worth chain, supporting main investments that purpose to unlock the complete potential of Ghana’s 2.1 trillion cubic ft of estimated gasoline reserves. Within the oil sector, current amendments to legal guidelines requiring corporations to allocate no 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 assist upcoming initiatives and portfolio growth.
The advantages these reforms are already exhibiting. In 2025 alone, main initiatives such because the Pecan 1A Upstream Undertaking – developed by Aker Power, Lukoil and the Ghana Nationwide Petroleum Company (GNPC) – and the Atuabo II Fuel Processing Plant – developed by Ghana Fuel 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 section and 300 mmscf/d within the second section. A 2025-2026 drilling program can also 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 subject this 12 months, 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 creating an built-in petroleum hub within the nation. The primary of its variety within the area, the hub will function the event of three refineries, 5 petrochemical crops, storage tanks, jetties, a port and related LNG and logistics infrastructure. Agreements had been signed in 2024 to develop the primary section of the built-in hub challenge, with the TCP-UIC non-public sector consortium offering monetary assist. 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 corporations. Minister Jinapor will ship a keynote deal with, sharing perception into trade reforms and future prospects. A fireplace chat between NJ Ayuk, Govt Chairman of the African Power 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 among West Africa’s most fun oil, gasoline and infrastructure markets, and all credit score is because of the Ministry of Power 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 buyers and challenge builders taking a look at Ghana’s vitality alternatives,” states Ayuk.
Distributed by APO Group on behalf of African Power Chamber.
