The Minister of Energy and Green Transition convened a high-level meeting with key stakeholders in the power sector to review the current electricity situation and chart a course for the future.
At Africa Oil Week, the Minister for Energy and Green Transition signed a Memorandum of Intent on behalf of the government with ENI, Vitol, and the Ghana National Petroleum Corporation (GNPC) for a US$1.5 billion strategic investment to enhance oil and gas production.
Key issues highlighted included ongoing arbitrations, declining investments, dwindling oil and gas reserves, reduced production, and concerns over local content and participation in core exploration and production activities.