Why is Ghana preparing for a new era of gas utilisation?
Ghana has invested in key projects that will enable the country to ensure its energy security, set the basis for future monetisation opportunities and pave the way for a sustainable energy transition. If all developments go as planned, the country is gearing up for a new era of gas utilisation and reliable energy production.
How much money is needed to build a new oil refinery in Ghana?
The entity was created in September 2021 and tasked with the creation of a USD 60-billion downstream hub. The project involves construction of three 300,000-bpd refineries that are expandable to 500,000 bpd, two oil jetties, two petrochemical plants and a storage facility in Western Ghana. The first phase will demand a USD 12 billion investment.
Why should Ghana invest in oil & gas upstream infrastructure?
Ghana’s oil and gas upstream infrastructure was the first step in development of its emerging energy sector. As production of hydrocarbons ramps up, the country now needs to invest in midstream and downstream infrastructure to ensure its energy security and foster a gas-fuelled economy.
Why is Ghana struggling with oil & gas infrastructure development?
Traditionally, countries like Ghana have suffered bottlenecks in the development of their oil and gas infrastructure due to lack of know-how in the form of human resources and expert companies and the lack of financing tools. “In Ghana, we are trying to build capacity to address the issue of engineering and construction expertise.”
Why does Ghana need a refinery & pipeline?
DOWNSTREAM UPGRADES: Ghana needs to revamp and construct refineries and pipelines and develop storage terminals for domestic and foreign oil products. Due to lack of infrastructure, Ghana’s crude oil has been mostly exported instead of being used for local socioeconomic development.
How big is Ghana's pipeline network?
Ghana’s current distribution pipeline network is a mere 368 kilometres in length. A lot of investment is necessary, particularly to connect Takoradi to Kumasi and Accra. A new era for energy infrastructure in Ghana. Ghana’s oil and gas upstream infrastructure was the first step in development of its emerging energy sector.
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In Ghana, a new era for energy infrastructure
The project involves construction of three 300,000-bpd refineries that are expandable to 500,000 bpd, two oil jetties, two petrochemical plants and a storage facility in Western Ghana.
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ContainAccra is a Fast-growing Real Estate Development company that specializes in Modern Modular Construction such as turning Shipping containers into Elegant & Efficient Living spaces. Our story began in Ghana, on a Mission to provide an Affordable housing alternative with one small scale container project. We believe that our Experience, Commitment, and Quality of …
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