Editorial: Energy Ministry pledges downstream fuel security enhancement

Mr. John Jinapor, Minister of Energy and Green Transition, announced recently that government is prioritising measures to enhance downstream fuel security, stabilise the market and strengthen regulatory oversight to safeguard consumer interest.

These measures are part of a broader strategy to safeguard energy supplies, enhance the financial performance of downstream operators, promote sustainable practices and support the nation’s transition to a greener economy.

The minister made his known at the Downstream Dialogue 2025, a downstream petroleum sector summit held by the Chamber of Oil Marketing Companies (COMAC) under the theme ‘Ghana’s Downstream’. He stressed the importance of securing the downstream fuel value-chain, which includes storage, distribution and retail operations.

With this in view, government is committed to providing citizens and businesses with reliable and affordable energy while taking decisive steps to integrate green transition goals into our energy policies.

Government’s focus on downstream fuel security and green transition comes at a time of increasing global energy demand and growing concerns about climate change.

Through extensive consultation with stakeholders, measures will be implemented to stabilise fuel prices and prevent market volatility, Jinapor assured. He further mentioned a need for continuous investment in infrastructure improvements and strategic zonalisation to mitigate risks associated with supply disruptions.

Indeed, the country’s downstream oil and gas sector remains a fundamental pillar of economic development, often referred to as the lifeblood of modern economies – driving industries, powering transportation and shaping the geopolitical landscape.

In fact, the sector’s contribution of 8.4 percent to gross domestic product (GDP) for 2023 underscores its importance in driving economic growth, creating jobs and ensuring energy security.

In spite of its importance, the industry faces pressing challenges, which threaten its efficiency, growth and long-term sustainability. These include regulatory bottlenecks, policy inefficiencies, financing hurdles and evolving safety and environmental standards that demand urgent attention.

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