Thursday, 23 October

Work to position Ghana as regional energy and investment destination- Energy Minister to PHDC

Business
Energy Minister sandwitched by management of PHDC

The Minister for Energy and Green Transition, Mr. John Jinapor, has paid a working visit to the Petroleum Hub Development Corporation (PHDC) as part of his ongoing familiarisation tour of agencies under the Ministry. The visit aimed to strengthen collaboration and reaffirm the Ministry’s support for the Corporation’s strategic role in Ghana’s petroleum and energy transition agenda.

Addressing management and staff during the engagement, Mr. Jinapor emphasised the core mandate of the PHDC — to attract substantial investment into Ghana’s petroleum value chain and drive the establishment of a world-class petroleum and petrochemical hub in the Western Region.

He noted that the Corporation’s work is pivotal to securing Ghana’s long-term energy future, creating jobs, and fostering industrial growth.

“The Petroleum Hub is not just an infrastructure project — it is a national development priority. It has the potential to position Ghana as a regional energy and investment destination,” Mr. Jinapor stated.

The Minister urged the team to adopt strategic and innovative approaches in delivering on their mandate, with a strong commitment to transparency, efficiency, and the national interest. He also called on staff to maintain professionalism and non-partisanship in the discharge of their duties, stressing that dedication and innovation are key to achieving the Corporation’s vision.

Mr. Jinapor further reaffirmed the Ministry’s full support for the Corporation as it works to implement its investment strategies and partnerships under Ghana’s energy transition framework.

“You can count on the Ministry’s backing as you execute your responsibilities. Together, we must ensure that this initiative contributes meaningfully to Ghana’s industrial development and overall economic transformation,” he added.

Management of the PHDC expressed appreciation to the Minister for his visit and pledged to continue aligning their operations with the national energy and green transition goals.

 

The Petroleum Hub Development Corporation, one of Ghana’s newest institutions in the petroleum sector, was established to oversee the development of a multi-purpose industrial complex that integrates refining, petrochemical, storage, and trading facilities to boost Ghana’s competitiveness in the global energy market.

Source: Classfmonline.com/Cecil Mensah