Energy Minister inaugurates Steering Committee for the dev't of Ghana’s Petroleum Downstream Infrastructure Master Plan
Dr Jinapor explained that the Master Plan is a critical step towards addressing infrastructure gaps, improving the efficiency and utilisation of existing assets.
On Monday, August 24, Dr John Jinapor, the Minister of Energy and Green Transition, officially launched the Steering Committee tasked with creating Ghana's Petroleum Downstream Infrastructure Master Plan (DIMP). The Master Plan aims to tackle infrastructure shortcomings, enhance the effectiveness of existing assets, bolster downstream petroleum logistics, and provide a more stable investment climate.
Jinapor emphasized the government's commitment to crafting a realistic and executable roadmap that aligns with Ghana's future energy requirements while fostering economic growth and energy security.
The lawmaker further expressed his anticipation that the Committee would produce a plan to direct policy, guide investment choices, and spur significant progress within Ghana's petroleum downstream industry. Earlier, Jinapor announced that the government would soon sign five fresh petroleum agreements with international firms keen on entering Ghana's upstream petroleum sector.
The minister noted that the resurgence of investor confidence in Ghana's oil and gas industry, sparked by strategic reforms, has attracted the attention of major international companies seeking investment opportunities in the country. During the launch of the Petroleum Commission's 15th anniversary celebrations, Jinapor highlighted the rising optimism surrounding Ghana's upstream petroleum industry, attributing it to the proactive efforts of the Petroleum Commission, GNPC, and other stakeholders. He expressed his satisfaction in stating that signing five new agreements is highly probable.
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