Ghana’s Minister of Energy and Green Transition, John Abdulai Jinapor, is set to deliver a keynote speech at the upcoming Invest in African Energies: Accra Investor Briefing on April 14, 2025. This forum will provide valuable insights into the country’s recent regulatory reforms and its ambitious plans to drive over 17 oil and gas projects within the next three years. Minister Jinapor’s participation in this event is expected to raise awareness about Ghana’s energy sector and investment opportunities, while also engaging foreign operators and financiers in anticipation of the African Energy Week (AEW): Invest in African Energies conference scheduled for September.
Ghana has been making significant strides in positioning itself as a key investment hub in West Africa, particularly in the natural gas sector. The country’s Gas Master Plan (GMP) outlines a strategic growth strategy for the market until 2040, aiming to attract capital and technology investments across the gas value chain. This initiative is crucial for unlocking Ghana’s vast gas reserves estimated at 2.1 trillion cubic feet. Additionally, recent amendments to laws requiring companies to allocate a minimum of 15% of each project to the state as free and carried interest, as well as more flexible oil royalty regimes, have created a more favorable business environment for investors in the oil sector.
The positive impact of these reforms is already evident, with major projects such as the Pecan 1A Upstream Project and the Atuabo II Gas Processing Plant expected to come online in 2025. The Pecan project, developed by Aker Energy, Lukoil, and the Ghana National Petroleum Corporation (GNPC), aims to monetize up to 268 million barrels of oil across two phases. On the other hand, the Atuabo project, developed by Ghana Gas and partners, is projected to produce 150 million standard cubic feet per day (mmscf/d) in its first phase and 300 mmscf/d in the second phase. Furthermore, a drilling program is underway at the Jubilee and TEN fields operated by Tullow Oil, with plans to drill new wells and conduct seismic surveys to enhance production.
In addition to these upstream projects, Ghana is committed to developing an integrated petroleum hub in the country, featuring refineries, petrochemical plants, storage facilities, jetties, and LNG infrastructure. The first phase of this project has already secured financial support from the TCP-UIC private sector consortium, signaling progress towards its realization. The Accra Investor Briefing will provide a platform for financiers to explore funding opportunities for this integrated hub project and other infrastructure developments in Ghana.
The Accra Investor Briefing, leading up to AEW: Invest in African Energies 2025, will shed light on the diverse investment opportunities available in Ghana’s energy sector. Minister Jinapor’s keynote address, along with a fireside chat between NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), and the Minister, will offer valuable insights into Ghana’s energy roadmap and its efforts to become a leading energy hub in West Africa. The event will serve as a crucial platform for sharing updates on industry reforms and engaging investors interested in Ghana’s energy prospects.
“Ghana is rapidly emerging as one of West Africa’s most promising oil, gas, and infrastructure markets, thanks to the Ministry of Energy and Green Transition. By implementing reforms that enhance the operating environment, Ghana is attracting long-term investments and offering attractive terms for investors. The Accra Investor Briefing will play a pivotal role in sharing updates on these reforms and connecting investors and project developers with the exciting energy opportunities in Ghana,” states Ayuk.
This article was distributed by APO Group on behalf of the African Energy Chamber and highlights the significant progress and potential in Ghana’s energy sector, positioning the country as a lucrative destination for global investors in the oil, gas, and broader energy industries.
