Ghana's $12 Billion Petroleum Hub Takes off - Ghana petroleum hub

Ghana petroleum hub - Ghana's $12 Billion Petroleum Hub Takes off - In the bustling heart of West Africa, a transformative project is unfolding—a project that could redefine the energy landscape not just for Ghana but for the entire continent. Imagine a hub that will propel Ghana into the ranks of global energy giants, a hub that will not only refine oil but also shape the future of the region’s energy security. This is no longer just a vision; it's becoming a reality as Ghana breaks ground on its $12 billion Petroleum Hub. But what makes this project so groundbreaking? What challenges lie ahead, and what could this mean for the future of Africa's energy sector?

The idea of establishing a petroleum hub in Ghana didn't just appear overnight. It all began when President Nana Addo Dankwa Akufo-Addo took office in 2017. Recognizing Ghana's growing role in the energy sector—thanks to its oil production, which began in 2010—President Akufo-Addo quickly set his sights on a bold vision: to transform Ghana into a regional powerhouse in petroleum refining, storage, and distribution.
To turn this vision into reality, the government established the Petroleum Hub Development Corporation (PHDC) in 2020 through an Act of Parliament. This corporation was tasked with overseeing the development of the petroleum hub, securing the necessary licenses, permits, and other forms of government support. Fast forward to 2024, and the dream started to materialize as President Akufo-Addo broke ground for the project in the Jomoro Municipality, located in Ghana's Western Region.
▬▬▬▬▬▬▬▬▬
✅SUPPORT US /AFFILIATE LINKS
Use this affiliate link for your purchases at #MIZIZI International -
https://bit.ly/3hajEY9
Support our channel -
PayPal: newafricachannel(at)outlook.com
Follow us on Instagram -   / thenewafricachannel  
Follow us on Twitter -   / thenewafricach1  
Join us on Facebook -   / thenew.africachannel.3  
▬▬▬▬▬▬▬▬▬
✅COPYRIGHT DISCLAIMER
The New Africa Channel doesn't fully own some of the materials compiled in its videos. It belongs to people or organizations who ought to be respected.
If used, it falls under the following provisions: Copyright disclaimer section 107 of the Copyright Act 1976. "Fair use" is allowed for purposes such as criticism, comment, news reporting, teaching, scholarships, and research.
✅ If you are the owner of the materials used in this video, contact us, and we will follow your request immediately: info(at)thenewafricachannel.com
▬▬▬▬▬▬▬▬▬
✅COMMENTING POLICY
Keep your comments and posts appropriate, helpful, and relevant. Any offensive, disrespectful, harmful, threatening, vulgar, obscene, or inappropriate content will be removed immediately. Spamming, vandalizing, promoting, and advertising are also not allowed. While we encourage free speech and open discussion, attacking or harassing other users is not tolerated. Repeat violators of this policy will be reported and may face a ban.
▬▬▬▬▬▬▬▬▬
#AfricaNews #TopAfricaNews #News #NewsAfrica #AfricaNews