The Minister of Energy and Green Transition, John Abdulai Jinapor, has reiterated government’s commitment to the country’s proposed Petroleum Hub project – saying the initiative remains central to plans for boosting industrial capacity and attracting foreign investment in the energy sector.
Mr. Jinapor was speaking during a familiarisation visit to the Petroleum Hub Development Corporation (PHDC) in Accra, part of an agencies tour operating under the ministry.
He said the hub, to be sited in Western Region, is expected to support refinery expansion, petrochemical production, storage and trading facilities that can serve both domestic and regional markets.
He noted that the PHDC was created to secure and coordinate investment into the petroleum value chain and said the ministry will provide institutional backing required to accelerate progress on the project. “This is a strategic national development programme and we must ensure rigorous execution,” he told staff.
The minister urged workers to uphold non-partisanship in their roles and emphasised that professionalism, transparency and innovation are essential to investor confidence.
He added that further consultations with key stakeholders will continue to address concerns over financing, environmental compliance and the timeline for implementation.
The Acting Chief Executive Officer (Ag. CEO) of PHDC, Dr. Toni Aubynn, welcomed these assurances, saying the hub could transform Ghana’s role in Africa’s energy market.
He cited global petroleum and petrochemical centres in Singapore and the Netherlands as models that have driven export growth and industrial jobs.
Dr. Aubynn also referenced Malaysia’s experience in building a similar hub, which he said created tens of thousands of jobs in its initial phase. He stressed that Ghana could unlock comparable opportunities, particularly for youth in the Jomoro enclave where the project will be located.
The Deputy Chief Executive for Operations and Technical, Onasis Rosely, said the corporation is working to resolve outstanding preparatory issues… adding that visible progress will be made ahead of the next review.
Senior PHDC directors and managers attended the meeting. The minister was accompanied by officials from the ministry including Acting Director of Power, Sulemana Abubakar; Technical Advisor Yusif Sulemana; and Director of Communication, Richmond Rockson.
The post Energy Minister reiterates backing for Petroleum Hub project appeared first on The Business & Financial Times.
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