Minister for Energy & Green Transition John Abdulai Jinapor and Finance Minister Dr Cassiel Ato Forson, on Monday afternoon, inaugurated the Implementation Committee for Ghana's Second Gas Processing Plant (GPP II).

0

In a post on X, the finance minister noted that the project, which is "long overdue" will enable the country to save "nearly $500 million and create over 1,000 jobs for our people."

1

Ghana will this year spend over $1 billion on expensive liquid fuels to power the plants — a burden on the economy and on ordinary citizens, according to the sector minister.

2

The committee has been issued a 4-week timeline to finalise their implementation plan.

3

"I reminded the committee, chaired by the Deputy Minister for Energy, that the time for bureaucracy is over. The nation is counting on them to deliver..." Dr Forson added.

4

5

In 2015, President John Mahama inaugurated the Atuabo Gas Processing Plant, Ghana's first, which is being operated by the Ghana National Gas Company (Ghana Gas).

6

Dr Forson noted that although Atuabo Gas "has been a lifeline for Ghana," GPP II will be "a game-changer for our energy security, economic stability, and national welfare."

7

"We are committed to getting it done!" the sector Minister added.

8

There are growing concerns over the energy sector’s financial sustainability and operational efficiency.

9

Ghana’s energy sector continues to grapple with mounting debt and liquidity constraints, which have strained power generation and distribution. The financial burden, estimated to exceed US$2 billion, has impeded investment in infrastructure and technological advancements necessary for a sustainable energy supply.

10

However, John Abdulai Jinapor has reaffirmed the government’s commitment to implementing innovative financial solutions to address the ongoing crisis in Ghana’s energy sector.

11