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Ghana government clears $1.47b energy legacy debts – Minister

Dr John Abdulai Jinapor, the Minister of Energy and Green Transition, on Thursday said the government paid off about $1.47 billion in legacy debt within Ghana’s energy sector. That, he explained, had rekindled confidence and brought financial stability as well as viability to the energy sector. Dr Jinapor, speaking on behalf of President John Dramani […]

Ghana saves $500m annually from gas-to-power shift – Jinapor

Ghana’s shift towards gas-driven power generation has helped reduce the country’s dependence on imported liquid fuels, generating annual savings of about $500 million, Energy and Green Transition Minister Dr John Abdulai Jinapor has said. Speaking at the launch of the Petroleum Commission’s 15th anniversary celebrations on Tuesday, August 18, Dr Jinapor said increased gas availability […]

Ghana must move from participation to ownership in petroleum sector – Jinapor

Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has called for a shift in Ghana’s participation in the upstream petroleum industry from securing contracts to building globally competitive indigenous companies capable of owning and leading businesses in the sector. Speaking at the 15th anniversary celebration of the Petroleum Commission of Ghana, Mr Jinapor […]

Government moves to restore investor confidence as Ghana seeks to revive oil production

The government is implementing measures to restore investor confidence, increase exploration, and reverse declining oil production as Ghana seeks to revitalise its upstream petroleum sector, Minister for Energy and Green Transition Dr John Abdulai Jinapor has said. Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said Ghana faced increasing competition for […]