Energy Minister Woos Global Investors

Minister for Energy, Dr. Matthew Opoku Prempeh, during his recent working visit to the United Kingdom, was vocal in marketing Ghana’s investment opportunities, particularly in the oil and gas sector.

In his formal address to the Mediterranean Middle East Scout Group at the RAF Centre in London, United Kingdom, Dr. Opoku Prempeh set out Ghana’s background of discoveries and upstream operations, available blocks for investments, farm-in opportunities, blocks available for direct negotiations, access to petroleum data and the country’s investment climate in general.

The Minister for Energy further acknowledged the global trends in the direction of energy transition and noted that events such as the Russia-Ukraine war have sparked an awakening for a ‘just transition’.

“This in turn means a heightened urgency for countries with proven and potential hydrocarbon reserves to take deliberate steps to bring their hydrocarbons to development and production with minimal delays”, Dr. Opoku Prempeh noted.

He continued: “Ghana is aware of these global developments and their significance for the development of its petroleum resources to its economic prospects and the wider global economy.”

Dr. Opoku Prempeh said Ministry of Energy will continue to work hard in collaboration with its relevant agencies such as the Petroleum Commission and other partners to seek potential investors to collaborate with for sustainable exploitation of our oil and gas resources.