Gov’t targets $500m annual savings with new Gas Plant initiative

Ghana has taken a major step toward energy self-sufficiency with the inauguration of the Implementation Committee for the country’s Second Gas Processing Plant (GPP II), aimed at significantly boosting domestic gas capacity and curbing waste from unprocessed natural gas.
The committee was officially launched on Monday, May 12, 2025, by Energy and Green Transition Minister John Abdulai Jinapor and Finance Minister Cassiel Ato Forson. GPP II is expected to complement the Atuabo Gas Processing Plant, which currently processes 120 million standard cubic feet of gas per day. The new project seeks to recover millions in losses and reduce the over $1 billion spent annually on liquid fuels.
“This is not just about energy; it’s about securing our economic future,” Jinapor said, lamenting the absence of additional gas infrastructure since Atuabo. He added that Ghana could save up to $500 million a year by building the plant and highlighted its potential to create 1,500 jobs.
Dr. Ato Forson echoed the urgency, stressing that the cost of powering thermal plants with crude oil far outweighs the country’s operational budget. “This project is essential for our economic and social stability,” he noted.
The multi-sectoral Implementation Committee comprises three working groups: a Steering Committee for policy oversight, a Core Technical Committee for execution, and a Communications & Social Licence Working Group to manage public engagement. Members are drawn from key ministries, state energy agencies, private sector experts, and civil society.