The Implementation Committee for the Second Gas Processing Plant (GPP II) has presented its final report to the Steering Committee at the Ministry of Energy and Green Transition.

The report, which encompasses technical, financial, regulatory, and stakeholder consultations, provides a detailed roadmap for the delivery of GPP II and its associated infrastructure.

Key findings of the committee's report indicate the project's potential to recover Natural Gas Liquids (NGLs) valued at approximately $151 million per year.

It is expected to also save Ghana up to $1 billion annually by reducing reliance on liquid fuel imports.

The new plant will generate over 2,500 direct and indirect jobs during both the construction and operational phases as well as establish Ghana as a regional hub for gas processing and energy exports.

Upon receiving the report, the Minister for Energy and Green Transition, John Abu Jinapor noted that the government is determined to act swiftly on its recommendations.

"Today’s submission reflects our commitment to advancing Ghana’s gas future. GPP II is not merely a project; it is a crucial tool for achieving energy independence, fostering job creation and driving industrial transformation," he said.

The minister also extended sincere gratitude to the Chairman of the Core Technical Committee, Hon. Richard Gyan-Mensah (MP) and Deputy Minister for Energy & Green Transition, the Project Development Coordinator, Mr. Guure Brown Guure and all Implementation Committee members for their relentless efforts, strategic insights, and unwavering dedication to the national interest.

According to the Ministry of Energy and Green Transition, the submission "represents a significant milestone in Ghana's initiative to enhance domestic gas processing capabilities and strengthen energy security for industrial and power sector development."

Minister for Energy & Green Transition John Abdulai Jinapor and Finance Minister Dr Cassiel Ato Forson, on May 12, inaugurated the Implementation Committee for Ghana's Second Gas Processing Plant (GPP II).

Finance Minister Dr Cassiel Ato Forson then issued a 4-week timeline to the Implementation Committee for Ghana's Second Gas Processing Plant (GPP II) to finalise their implementation plan.

Ghana will this year spend over $1 billion on expensive liquid fuels to power the plants — a burden on the economy and on ordinary citizens, according to the sector minister.

In 2015, President John Mahama inaugurated Ghana's first gas processing plant, which is being operated by the Ghana National Gas Company (Ghana Gas).

The Atuabo Gas, a $1-billion project which was started in July 2011, had the objective of processing more than 180,000 tonnes of liquefied petroleum gas (LPG) for domestic use.

There are growing concerns over the energy sector’s financial sustainability and operational efficiency.

Ghana’s energy sector continues to grapple with mounting debt and liquidity constraints, which have strained power generation and distribution. The financial burden, estimated to exceed US$2 billion, has impeded investment in infrastructure and technological advancements necessary for a sustainable energy supply.

However, John Abdulai Jinapor has reaffirmed the government’s commitment to implementing innovative financial solutions to address the ongoing crisis in Ghana’s energy sector.