The Minister of Finance, Dr.
Casiel Ato Forson, has revealed that Ghana requires at least $1.1 billion each year to purchase light crude and heavy fuel oil to power the country's thermal generation plants.
Speaking at the inauguration of a technical committee tasked with advising the government on the proposed construction of a new gas plant, on Monday, May 12, 2025, Dr.
Ato Forson highlighted the urgent need for a more cost-effective and sustainable energy strategy. "After our exercise today, it came to us as a shock that Ghana requires at least $1.1 billion annually to buy light crude oils and heavy fuel to power our thermal plants.
