It is estimated that, about US$9.0 Billion is required in the next five years to finance the numerous initiatives in the energy sector, including oil and gas activities which alone require over US$5.5 Billion. While Government will continue to inject funding into the sector, when available, a major policy shift is to encourage the energy sector institutions to raise a substantial portion of their capital investment requirements on their own without recourse to Government. Government has therefore, requested the sector agencies, particularly VRA, Ghana Grid Company (GRIDCO), Electricity Company of Ghana (ECG) and Tema Oil Refinery, to raise commercial loans and engage in other private sector financing arrangements, including through the Ghana Stock Exchange as part of arrangements to raise funds. In addition, GNPC is required to raise US$161 million as its share in the financing of the development of the Jubilee Field.
In view of this, investment opportunities available for investors include: Production transmission and distribution of Natural Gas –independent ownership of
Natural Gas Liquids (NGLs), these liquids have high market value and find application either in their raw state as solvents, feed stock (for production of various chemicals) and liquid fuel or fractionated into their components, through LPG, Natural Gasoline etc, Natural Gas-Fired Equipment, Independent Power Plant (IPP), Industrial market, commercial market and residential market, Domestic natural gas sales and distribution, Compressed natural gas as, (NG) automotive fuel, Gas Liquids (NGL), Gas to Liquid Conversion (GTL), Methanol etc, Ammonia/fertilizer plants.
Ghana Investment Promotion Center