Ghana\u2019s shift towards gas-driven power generation has helped reduce the country\u2019s dependence on imported liquid fuels, generating annual savings of about $500 million, Energy and Green Transition Minister Dr John Abdulai Jinapor has said.<\/p>\n
Speaking at the launch of the Petroleum Commission\u2019s 15th anniversary celebrations on Tuesday, August 18, Dr Jinapor said increased gas availability had significantly reduced the country\u2019s reliance on imported crude oil and other liquid fuels for power generation.<\/p>\n
The increase in gas availability, he noted, \u201chas led to a saving of about $500 million a year in terms of crude oil gas substitution.\u201d<\/p>\n
He said increased domestic gas production, supported by collaboration with industry partners, had significantly cut Ghana\u2019s crude oil import requirements.<\/p>\n
\u201cWhen we assumed office, we were importing so much crude oil and other liquid fuels,\u201d the Minister said.<\/p>\n
Dr Jinapor explained that the government\u2019s focus on expanding gas supply had strengthened the country\u2019s energy security, adding that \u201cworking with ENI and these other partners and working with the Jubilee partners, we\u2019ve significantly increased gas production.\u201d<\/p>\n
He said the development aligns with the government\u2019s broader gas-to-power strategy, which seeks to maximise Ghana\u2019s natural gas resources while supporting a transition towards cleaner energy sources.<\/p>\n
\u201cWe will maximise our petroleum resources whilst promoting renewable energy to complement that,\u201d he added.<\/p>\n
Dr Jinapor also highlighted recent improvements in upstream oil production, noting that output had recovered from about 90,000 barrels per day to 126,000 barrels per day following interventions to address challenges affecting operators.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ghana\u2019s shift towards gas-driven power generation has helped reduce the country\u2019s dependence on imported liquid fuels, generating annual savings of about $500 million, Energy and Green Transition Minister Dr John Abdulai Jinapor has said. Speaking at the launch of the Petroleum Commission\u2019s 15th anniversary celebrations on Tuesday, August 18, Dr Jinapor said increased gas availability […]<\/p>\n","protected":false},"author":123457,"featured_media":17543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[3537,41,18],"tags":[5109,3700],"class_list":["post-17542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-general-news","category-politics","tag-energy-and-green-transition-minister","tag-john-abdulai-jinapor"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17542"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17542\/revisions"}],"predecessor-version":[{"id":17544,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/17542\/revisions\/17544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/17543"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}