Ghana’s Energy and Green Transition Minister, John Jinapor, has highlighted the significant financial challenge the country faces in procuring liquid fuel for its thermal plants, with an estimated $800 million required this year.
During a session in Parliament on March 12, 2025, Jinapor emphasized the urgent need for a gas processing plant, which could potentially save the country up to $400 million annually.
He explained that processing local gas would not only help stabilize the currency but also provide a more affordable and reliable fuel source for consumers.
Furthermore, it would contribute to diversifying the country’s energy mix by incorporating renewable energy, ensuring long-term sustainability.