The Chief Executive Officer of the Petroleum Hub Development Corporation, Dr. Toni Aubynn, has made a significant announcement regarding ongoing efforts to develop the Petroleum Hub project.
Speaking on UTVโs Critical Issues, Dr. Aubynn disclosed that the land size of the project, which was previously known to be 20,000 acres (8,000 hectares), has been reduced to 12,300 acres (5,000 hectares).
He noted that the reduction was a directive from the President, His Excellency John Dramani Mahama, following agitations from some residents of Jomoro.
Dr. Aubynn, however, maintained that the reduction in land size will have no effect on the implementation and operationalisation of the project.
โAfter listening to the grievances from some groups about the land size, the President directed that we reduce the land size from 8,000 hectares to 5,000 hectares. The President issued the directive because, after careful consideration, it became clear that 5,000 hectares of land could adequately host the entire project.
โ5,000 hectares is equivalent to 12,300 acres. We can fully develop the hub with the 5,000 hectares as directed by the President. As a result of the reduction in land size, we are making some minor changes to suit the new dimensions.โ
He also highlighted that the initiative continues to enjoy strong support from President John Dramani Mahama and the Minister for Energy, Dr. John Abdulai Jinapor, who believe the project will strengthen Ghanaโs energy security and provide sustainable jobs for nearly 800,000 Ghanaians.
Dr. Aubynn further noted that since he assumed office in March 2025, significant progress has been made, with investors from around the world expressing keen interest in the project.
Addressing the volatility in global fuel prices stemming from the conflict in Iran and the Middle East region, Dr. Aubynn explained that Ghana and the wider West African sub-region would not be overly affected by the expected hikes in fuel prices once the Petroleum Hub is operational.
He concluded by saying that investors from all over the world are already lining up to invest in the project because they see that Ghana is heading in the right direction.
About the PHDC
The Petroleum Hub Development Corporation (PHDC) was established under the Petroleum Hub Development Corporation Act, 2020 (Act 1053), to lead the development of a world-class petroleum and petrochemical hub in Ghana. The hub is intended to serve the energy needs of the West African sub-region and the broader continent.
PHDC aims to promote innovation, research, and strategic infrastructure development to meet Africaโs growing demand for petroleum products and services. By creating an integrated petroleum value chain, the Corporation seeks to unlock economic opportunities, foster industrial growth, and create sustainable employment for Ghanaians and citizens across Africa.
About the Petroleum Hub Project
The Petroleum Hub Project will be located in Jomoro, in Ghanaโs Western Region. The hub will comprise: Three refineries with a total capacity of 900,000 barrels per stream day (BPSD), Five petrochemical plants with a minimum capacity of 90,000 BPSD. Storage tanks with a cumulative capacity of 10 million cubic meters and at least two jetties to support import and export activities.
The project is poised to position Ghana as a leading petroleum and petrochemical hub in Africa, enhancing regional energy security and economic integration.
