Skip to main content

2nd Gas Processing Plant Implementation Cttee inaugurated; given four-week deadline

 


In a major step toward strengthening Ghana’s energy security and reducing reliance on costly fuel imports, the government has inaugurated the Implementation Committee for the country’s Second Gas Processing Plant (GPP II).

Once completed, the new plant is expected to significantly reduce Ghana’s dependence on imported liquid fuels — a major burden on the economy.

According to the Finance Minister, Cassiel Ato Forson, the country is projected to spend over $1 billion this year alone on these expensive fuels.

The Minister also noted that the project is expected to create over 1,000 jobs and save the country more than $500 million.

This project is long overdue. Ghana will this year spend over $1 billion on expensive liquid fuels to power our plants — a burden on our economy and on ordinary citizens,” he said. “With this new Gas Processing Plant, we have the opportunity to save nearly $500 million and create over 1,000 jobs for our people.”

The Implementation Committee, chaired by the Deputy Minister for Energy and Green Transition, has been given a firm mandate to complete its implementation plan without delay.

“I reminded the committee, chaired by the Deputy Minister for Energy, that the time for bureaucracy is over. The nation is counting on them to deliver, and I’ve given them four weeks to finalise their implementation plan,” the Finance Minister emphasized.

The existing Atuabo Gas facility has already served as a vital energy source for the country. GPP II is expected to build on this foundation, improving energy reliability and contributing to overall economic stability.

Atuabo Gas has been a lifeline for Ghana. GPP II will be a game-changer for our energy security, economic stability, and national welfare,” he concluded. “We are committed to getting it done.”

According to Richard Gyan-Mensah, who is chairing the technical committee for the GPP Phase II project, the government will begin full-scale implementation immediately after the final plan is submitted in four weeks.

Comments

Popular posts from this blog

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

 In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...