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EN
Gov’t seeks to woo upstream petroleum investors
['Williams Agyapong']
The Ghana Report
Dr. Sulemana, in presenting petroleum investment projects, underscored the country’s stable political climate, improving macroeconomic outlook, reform agenda and policy framework.
He pointed to regional market access through ECOWAS and the African Continental Free Trade Area (AfCFTA), supporting infrastructure for cross-border trade and regulatory processes managed by the Ministry of Energy, Energy Commission and other agencies.
In petroleum, upstream operators include the Ghana National Petroleum Corporation (GNPC), ENI, Tullow, Springfield and Base Energy under Petroleum Commission regulation.
Midstream operations are dominated by Ghana National Gas Company (GNGC) and overseen by the NPA, Energy Commission and PURC.
Downstream activities are anchored by the Tema Oil Refinery (TOR), private oil marketing companies and BIDEC, regulated by the National Petroleum Authority (NPA).