Manifesto – Oil and gas

We will

  • Complete the 150km reverse flow pipeline from the Aboadze power enclave to facilitate the transmission of dense gas to power plants in Tema;
  • Implement Phase II of the Gas Processing Plant project in preparation for the Greater Jubilee development;
  • Encourage more investment in exploration and production of oil and gas;
  • Support the private sector to establish petrochemical plants;
  • Construct a new and bigger Liquefied Petroleum Gas (LPG) pipeline to the jetty at Tema for more efficient discharge, storage and distribution of LPG;
  • Construct a second and bigger Single Point Mooring for petroleum products to ensure greater efficiency in the delivery of petroleumproducts into the country and to also make Ghana the petroleum hub for the sub-region;
  • Build a Liquified Natural Gas (LNG) infrastructure to ensure continuous supply of natural gas to power plants;
  • Ramp up production at the Tema Oil Refinery (TOR) to its full capacity of 60,000 barrels per stream day (bpsd);
  • Construct a new 100,000 barrels per stream day (bpsd) refinery at the site of TOR based on the vision to make Ghana the hub for downstream petroleum production in West Africa;
  • Encourage BOST and GOIL to implement a door to door LPG delivery system;
  • Complete the 2D land seismic survey in the Volta Basin.

 

We will pursue initiatives to enhance the following:

  • Accountability and transparency in oil and gas resource governance;
  • Efficiency in exploration and production of oil and gas resources;
  • An enabling environment to attract necessary investment into the industry;
  • Opportunities to progressively increase local participation in mainstream operations of the sector;
  • Promote environmental, social and human rights to a standard that underpins sustainable development;
  • Improve policy formulation and regulatory capacity of key public institutions in the oil and gas sector;
  • Increase and strengthen local technical skills in Ghana’s emerging oil and gas sector, in line with the Petroleum Local Content and Local Participation Regulations, 2013 (L.I.2204), particularly in critical areas such as drilling, seabed safety, production, operation and maintenance engineering, diving and undersea welding.