Ghana’s Minister for Energy and Green Transition, John Jinapor, has touted the Petroleum Hub project as a flagship initiative, 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.”
Delivering the keynote address at the Invest in African Energy: Accra Investor Briefing on Monday, 14 April 2025, the Minister, highlighted the government’s strategic focus on infrastructure development for processing and refining Ghana’s oil and gas resources.
He reaffirmed the government’s commitment to transforming the country’s energy sector and presented a compelling case for both local and international investors to participate.
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 maximise 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.”
He emphasised that this initiative has unlocked a wealth of investment opportunities.
Mr Jinapor, revealed that a 20,000-acre site had been secured in Jomoro, in the Western Region, to host the project. Government plans are 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.
PHDC Chief Executive Officer (CEO) Dr Toni Aubynn, participated in a panel discussion, during which 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.”