Petroleum Hub is well-positioned for global trade – GIPC

Petroleum Hub Moves to Speed Up Investor Registration Timeframe

The Petroleum Hub Development Corporation (PHDC) has announced plans to cut the registration and permitting process for energy sector players from an average of 300 days to just 30. Chief Executive Officer of the PHDC, Dr. Toni Aubynn, announced the move, aim at eliminating bureaucratic delays, forms part of a broader strategy to attract foreign and local investments into Ghana’s burgeoning petroleum sector. “When you want to attract investment…

Petroleum Hub is well-positioned for global trade – GIPC

Ghana is building something big — a world-class Petroleum Hub that’s set to transform the Western region and position Ghana as a major player in global energy and trade, the Ghana Investment Promotion Centre (GIPC) has said in its newsletter. Spanning over 20,000 acres, at Jomoro in the Western Region of Ghana, the Hub will be developed in three phases. They will feature: Three mega refineries with a combined capacity of 900,000 barrels per day …