The Minister for Energy and Green Transition, John Jinapor, has said the Ministry is in the final stages of getting the reforms to the oil and gas regulatory regime finalised.
He was speaking at a Breakfast meeting hosted by the Ghana Upstream Petroleum Chamber to discuss matters pertaining to developments in the upstream petroleum industry.
The Chairman of the Chamber, Joe Dadzie who is also the Head of Vitol Upstream Ghana acknowledged the positive role played by the Minister and assured him of the Chamber’s commitment to the wellbeing of the industry.
The Chamber presented the highlights of the 2026 upstream petroleum industry report which was released last week. The report reveals the challenges and progress over the last 12 months and makes recommendations for going forward.
The main issue that dominated the discussion was the need for government to work with dispatch on the country’s petroleum law reforms as there is significant interest being shown by investors currently. Several major international oil companies are awaiting clarification on the petroleum law and regulations.
The CEO of the Chamber, David Ampofo, thanked the Minister for his vision for the sector and the numerous positive interventions he has made on behalf of the industry. He called on government to act with more urgency to ensure that the country benefits from its oil and gas resources.