Position Ghana as top investment hub amid energy crisis - Minister to petroleum, energy sectors

"This investment will result in the drilling of at least 10 new wells, increasing gas production and reducing the Jubilee gas price by approximately 18 per cent, saving the country nearly $300 million in power generation cost," he announced Beacon of hope The Chief Executive Officer of the commission, Emeafa Hardcastle, said over the past 15 years, the commission had established itself as a firm regulatory body, effectively balancing statutory oversight and compliance with the need to maintain Ghana’s status as an attractive investment destination.

A key priority for government is to continue and deepen the reforms that have contributed to restoring confidence in Ghana’s upstream petroleum sector and creating a more attractive environment for investment," he said."From managing early data acquisitions to regulating complex, multi-field operations across the Jubilee, TEN and Sankofa-Gye Nyame fields, and enhancing Ghanaian participation in the petroleum sector, the commission has proven that local capacity could meet global standards with absolute integrity.