The Ghana National Petroleum Corporation (GNPC) and its partners have committed more than $3.5 billion in investments to increase oil and gas production as Ghana seeks to meet growing energy demand and strengthen energy security.
Speaking at the West Africa Gas Summit (WAGS) 2026 in Accra, Deputy Chief Executive Officer for Finance, Commercial and Administration of GNPC, Hamis Ussif, disclosed that partners in the Jubilee and TEN fields have committed $2 billion by 2028 to increase oil and gas production, while Sankofa partners have pledged an additional $1.5 billion to boost gas output.
“We are working with the Jubilee and TEN partners to increase investment. They have committed to $2 billion investment by 2028 to increase both oil and gas production. We are doing the same with the Sankofa partners where they have committed $1.5 billion to also increase gas production mainly,” he said.
Mr. Ussif warned that despite the planned investments, Ghana could still face a widening gap between gas supply and demand in the coming years.
Source:Mybrytfmonline.com
