Ghana has officially launched its National Energy Compact under the Mission 300 initiative, marking a major step toward expanding access to clean, affordable, and reliable energy for all citizens. The announcement was made during a high-level event at the Bloomberg Philanthropies Global Forum in New York, held alongside the United Nations General Assembly.
The Minister of Energy and Green Transition has hosted a delegation from the West African Gas Pipeline Company (WAPCo), led by its newly appointed Managing Director, Mr. Abiodun Bodunrin, who replaces Ms. Michelle Burket.
Discussions focused on areas of mutual interest and the crucial role WAPCo continues to play in Ghana’s energy sector. The delegation also reaffirmed the company’s commitment to supporting Ghana’s energy sector goals and strengthening future collaborations.
- The Minister of Energy and Green Transition convened a high-level meeting with key stakeholders in the power sector to review the current electricity situation and chart a course for the future.
- At Africa Oil Week, the Minister for Energy and Green Transition signed a Memorandum of Intent on behalf of the government with ENI, Vitol, and the Ghana National Petroleum Corporation (GNPC) for a US$1.5 billion strategic investment to enhance oil and gas production.
- Key issues highlighted included ongoing arbitrations, declining investments, dwindling oil and gas reserves, reduced production, and concerns over local content and participation in core exploration and production activities.
