John Jinapor engages with Petroleum downstream sector players

The Minister of Energy and Green Transition, John Abdulai Jinapor, has assured key stakeholders in the Petroleum Downstream Sector of the government’s commitment to work with them to address pressing challenges and implement critical reforms in the sector.

 In a broader stakeholder engagement meeting with players in the industry, the Minister acknowledged the vital role these stakeholders play in ensuring product security and efficiency in the petroleum sector. 

He emphasized the government’s plan to review the entire downstream sector to bring it in line with modern trends to enhance operational efficiency, accountability, and sustainability.

 John Jinapor reaffirmed the government’s resolve to address the numerous challenges the industry players are faced with, such as the Forex (Exchange Rate), the Gold for Oil Programme, Local Content, and Refinery Revitalisation. 

The Minister further mentioned that the government will establish a Renewable Energy Investment and Green Transition Fund to accelerate Ghana’s shift towards cleaner energy sources. 

The stakeholder meeting held at the Ministry of Energy and Green Transition brought together the Ghana Chamber of Bulk Oil Distributors (CBOD), the Chamber of Oil Marketing Companies (COMAC) Tanker Owners Union, and the Tanker Drivers Union, to foster cordial relationships in the industry.

In response, the industry players expressed gratitude to the Minister for the engagement and assured him of their commitment to support and collaborate with him in the discharge of his function.