Boost for local refineries - Receive 1m barrels Jubilee crude allocation

Government has allocated a one-million-barrel parcel of crude oil from the Jubilee Field for processing by local refineries, marking a major step towards strengthening Ghana’s energy security and expanding domestic refining capacity.

Delivering the keynote address at the opening of the Ghana International Petroleum Conference (GhIPCon) 2026 in Accra on Thursday, the Minister of Energy and Green Transition, Dr John Abdulai Jinapor, representing President John Dramani Mahama, explained that the allocation was a deliberate policy decision to support local refineries, promote domestic industry, and retain more value within the Ghanaian economy."Building on the success of that initiative, the next parcel of Jubilee crude will be allocated to the Tema Oil Refinery as part of government’s commitment to revitalising TOR and strengthening Ghana’s refining capacity," he added.