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 provide strategic perception into the nation’s latest 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 better consciousness round Ghana’s power and funding alternatives however have interaction international operators and financiers forward of the African Vitality Week (AEW): Put money into African Energies convention this September.
Via business reform, Ghana is positioning itself as a significant funding hub in West Africa. Within the pure gasoline sector, the nation’s Fuel Grasp Plan (GMP) affords 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 goal to unlock the complete 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 at the very least 15% of every mission 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 growth.
The advantages these reforms are already displaying. In 2025 alone, main initiatives such because the Pecan 1A Upstream Venture – developed by Aker Vitality, 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 mission will produce 150 million normal 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 nicely on the Jubilee discipline this 12 months, with a 4D seismic survey throughout each fields underway. GNPC additionally plans to drill an exploration nicely 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 type within the area, the hub will characteristic 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 mission, with the TCP-UIC non-public 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 power roadmap creates numerous funding alternatives for world firms. Minister Jinapor will ship a keynote deal with, sharing perception into business reforms and future prospects. A fireplace chat between NJ Ayuk, Govt Chairman of the African Vitality Chamber (AEC) and the Minister will provide additional perception into Ghana’s plans to place itself as an power hub in West Africa and the way the nation is unlocking million-dollar funding alternatives throughout the oil, gasoline and broader power industries.
“Ghana is quickly rising as one among West Africa’s most fun oil, gasoline and infrastructure markets, and all credit score is as a result of 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 a vital platform to share updates on these reforms whereas participating traders and mission builders Ghana’s power alternatives,” states Ayuk.
Distributed by APO Group on behalf of African Vitality Chamber.