A $100 million world class Oil and Gas Services Terminal (OGST) at the Takoradi Port in the Western Region was on Friday inaugurated by President Nana Addo Dankwa Akufo-Addo.
The OGST is a logistics platform within the port featuring offshore supply vessel (OSV), berthing facilities and serviced waterfront land to support offshore oil and gas exploration and production operations.
The terminal has a 550 metre of quay wall, 752,045 cubic metre of dredging, 703,813 cubic metre of reclamation, 105,500 cubic metre of ground improvement, storage yard, 1.9km of access roads, water supply, a serviced land area for siting of oilfield operators, logistics and operational offices and workshops.
It was funded by the Ghana Ports and Harbours Authority (GPHA), with GYTD Group, as consultants, the project, which started on November 11, 2022, was completed by China Harbour Engineering Company (CHEC) on September 6, 2024.