Ghana’s Minister for Energy and Green Transition, 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 participate.
Delivering the keynote address at the Invest in African Energy: Accra Investor Briefing on Monday, April 14, 2025, the Minister spotlighted the government’s strategic focus on infrastructure development for processing and refining Ghana’s oil and gas resources. He emphasized that this initiative has unlocked a wealth of investment opportunities.
Touting the Petroleum Hub project as a flagship initiative, John Jinapor described it as a game-changer 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,” he said. “This development will unlock significant avenues for investors to deploy their capital.”
He stressed the importance of robust infrastructure in fully leveraging 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. “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.”
Mr. 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 facilitate regulatory coordination.
“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.
CEO, PHDC, Dr. Toni Aubynn, participated in a panel discussion where he also urged local investors to engage actively with the Petroleum Hub project.
“Local stakeholders should confidently seize this opportunity,” Dr. Aubynn said. “The Petroleum Hub promises significant long-term value for those who get involved.”
