New Chapter In Ghana’s Energy Story … Committee Commissioned To Oversee Construction Of Another Gas Plant … Oil Giants Ready To Invest Billions Of Dollars Into Petroleum Upstream

The Minister for Energy and Green Transition, John Abdulai Jinapor, says the government of Ghana, through the Ghana National Gas Company Limited (GNGCL) is set to begin the construction of a second gas processing plant in the Western Region.

The Minister made the announcement at the Africa Energy Forum, as part of the 2025 Offshore Technology Conference (OTC) in faraway United States of America.

In fulfilment of this pledge, Mr John Jinapor and the Finance Minister, Cassiel Ato Forson inaugurated a committee in Accra yesterday to over the construction of the second gas plant.

It would be recalled that the John Mahama government decided to construct the Gas Processing Plant Two (GPP2) during its first cabinet meeting in Accra.

The decision to construct the GPP2 demonstrates the commitment of John Dramani Mahama’s government to making Ghana energy sufficient and a major player in the energy sector in sub-Saharan Africa.

The Ghana Gas Processing Plant (GPP1) was conceived, constructed and operationalised by the late John Evans Atta Mills and the current president, John Dramani Mahama.

Although there was a roadmap for the construction of the second phase, the immediate past administration failed to construct this critical infrastructure.

Upon assuming office, President John Dramani Mahama made a bold commitment to construct the GPP2, which will create jobs for young, talented graduates and increase Ghana’s energy sufficiency.

More importantly, it would boost the economy with a continuous supply of cheaper, reliable gas for industrial usage, domestic consumption, and supplies to neighbouring countries.

In a related development, Kosmos Energy is set to invest $2 billion in its upstream operations in Ghana, significantly enhancing the country’s petroleum sector.

According to Mr John Jinapor, this landmark investment by Kosmos Energy, combined with the government’s commitment to reform signalled a new chapter in Ghana’s energy narrative – one rooted in transparency, collaboration and opportunity.

Minister Jinapor, who said this at the same Offshore Technology Conference (OTC) in Houston, United States, reinforced Ghana’s strategic efforts to position itself as a competitive, transparent, and investor-friendly destination for energy investment.

“Ghana is entering a new era – one defined by stability, predictability, and strong government support. We want investors to know: Ghana is open for business,” he said.

According to him, as part of this investor-focused strategy, the government would initiate a comprehensive review of its upstream fiscal regime to increase competitiveness and regulatory clarity.

He stated that Ghana’s upstream sector policy framework was under review, signalling the government’s readiness to collaborate with domestic and international partners in shaping the future of the country’s energy sector.

He, therefore, invited industry stakeholders to actively contribute to upcoming policy reforms aimed at bolstering investor confidence and improving sector governance.

The Minister called on global investors to explore the growing opportunities within Ghana’s revitalised energy sector.

He positioned Ghana as a ready and reliable investment destination, underscoring the government’s commitment to creating an enabling environment for sustainable investment, particularly in energy and related infrastructure.

“Ghana is the right place to do business. With a new administration focused on overhauling systems and implementing bold fiscal and regulatory reforms, we are open and ready for investment,” he said.

“The prospects are already becoming evident. We are determined to reverse the trend and scale up production.

“With these efforts, we will continue to supply reliable power to Benin, Togo, Côte d’Ivoire, and Burkina Faso. Ghana remains a pivot for energy security in the West African sub-region,” he added.

The forum featured prominent energy leaders including; H.E. Heineken Lokpobiri, Nigeria’s Minister of Petroleum Resources (Oil); Emeafa Hardcastle, CEO of the Petroleum Commission; Judith Blay, CEO of the Ghana National Gas Company; Nana Joe Mensah, Senior Vice President and Head of Ghana Business Unit at Kosmos Energy HC and Simon Madjie, CEO of the Ghana Investment Promotion Centre.

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