
Adnan Adams Mohammed
It is estimated that Petroleum Hub Project, when completed, will created about 780,000 direct and indirect jobs.
The project, being sited at Jomoro, in the Western Region of Ghana, is set to promote value addition in agriculture and energy security, while empowering local enterprises and creating new pathways for economic growth.
It is expected to play a critical role in the sustainable development of Ghana’s energy and petrochemical industry, attracting investment, driving economic growth, and positioning the country as a leader in the regional gas market.
“We are not just constructing a Petroleum Hub, we are creating opportunities for local businesses, and ensuring the benefits of our resources reach our communities”, Charles Owusu, Chief Executive Officer of the Petroleum Hub said while speaking at the 2024 Local Content Conference and Exhibition, organized by the Petroleum Commission in Takoradi, last week.
During a panel discussion on “Developing a Regional Gas Market for a Sustainable Energy and Petrochemical Industry in Ghana,” Mr. Owusu discussed the corporation’s efforts to attract exploration and production investments to bolster local content in the industry.
He highlighted the project’s significant impact on Ghana’s energy sector and local communities.
Stressing that, the development of the Petroleum Hub goes beyond building infrastructure—it is about creating opportunities for local businesses and ensuring that Ghana’s natural resources benefit its people.
The conference brought together key stakeholders from the petroleum sector, with discussions focusing on advancing local content, boosting investment, and fostering a sustainable energy industry in Ghana.