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It is the official goal of Ghana energy industry to have 10% of Ghana's energy mix come from renewable sources (not counting large-scale hydropower) by 2015 or at the very latest by 2020. [23] Ghana has Class 4-6 wind resources at locations of the high wind areas – such as Nkwanta, the Accra Plains, Kwahu and Gambaga mountains.
The Ghana Renewal Energy Act provides the necessary fiscal incentives for renewable energy development by the private sector, and also details the control and management of bio-fuel and wood fuel projects in Ghana. [57] The Ghana National Petroleum Authority (NPA) was tasked by the Renewable Energy Act 2011 to price Ghana's bio-fuel blend in ...
The minister for energy and petroleum is the head of the ministry and is directly accountable to the President of Ghana. The position is politically appointed and approved by parliament of Ghana. The current minister is John Abdulai Jinapor who succeeds Herbert Krapa under the Nana Akufo-Addo administration government.
The corporation was created to promote the Government of Ghana's objective of supplying adequate and reliable petroleum for the country and the discovery of crude oil in the country's territories. And also to help in reducing the country's dependence on crude oil imports, through the development of the country's own petroleum resources.
Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas.
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The 100% Iranian state-owned oil companies National Iranian Oil Company and Iranian Offshore Oil Company, and Singapore Petroleum Company with Vetro Energy and PetroSeraya of Singapore have declared interests to provide assistance in construction of offshore platforms and drilling rigs for Ghana's state-owned oil company, Ghana National ...
The Petroleum Commission is a Ghanaian state agency under the Ministry of Energy and Petroleum responsible for the regulation, management and coordination of all activities in the upstream petroleum industry for the benefit and welfare of Ghanaians. [1] The commission was established in 2011 as an independent regulator in the petroleum sector ...