The Petroleum Hub Development Corporation (PHDC) and the UK-Ghana Chamber of Commerce (UKGCC) have reaffirmed their commitment to a strategic partnership aimed at advancing the development of Ghana’s Petroleum Hub.
This renewed pledge was made during a courtesy visit by the UKGCC leadership to the Acting Chief Executive Officer of PHDC, Dr. Toni Aubynn, on Tuesday, July 8, 2025.
Welcoming the delegation, Dr. Aubynn commended the UKGCC for its continued interest in the Petroleum Hub initiative and expressed PHDC’s eagerness to work closely with the Chamber to explore investment opportunities in the UK. He emphasized that such collaboration is critical to mobilizing the financial and technical resources needed to drive the project forward.
Dr. Aubynn noted the historically strong ties between Ghana and the UK, adding that leveraging the Petroleum Hub as a platform to deepen these relations would be a significant step forward. He also outlined key investment prospects within the project and emphasized PHDC’s commitment to partnering with the UKGCC in building the human capital required for the construction phase.
UKGCC Executive Director, Adjoba Kyiamah, who led the delegation, congratulated Dr. Aubynn on his appointment and expressed confidence in his leadership to deliver on the ambitious vision of the Petroleum Hub.
She acknowledged the challenges ahead but assured the PHDC of the UKGCC’s support through strategic initiatives, including investor-focused events and capacity-building programmes.
In his closing remarks, Dr. Aubynn expressed optimism about the future of the partnership and reiterated PHDC’s readiness to work with the UKGCC to ensure the successful realization of the Petroleum Hub.
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 Africa’s 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, estimated at $60 billion, will be located in Jomoro, in Ghana’s 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.
