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Mahama Launches Sentuo Refinery Phase II, To Cut Fuel Import Bill

President John Dramani Mahama has cut the sod for Phase II of the Sentuo Oil Refinery, a project the government says will reduce Ghana’s fuel import bill by scaling domestic refining capacity to 100,000 barrels per day.

The expansion doubles and more than doubles the refinery’s current 40,000 bpd capacity.

The government projects the upgrade will strengthen energy security, ease pressure on the cedi, and create thousands of direct and indirect jobs across construction and operations.

President Mahama said the project reflects a deliberate shift away from exporting raw crude and importing finished products.

“Our development strategy is centred on value addition,” he stated. “We must process at home, manufacture at home, and keep the benefits within our borders. Sentuo Phase II is industrialisation in action.”

The refinery is expected to play a key role in Ghana’s energy independence drive upon completion.

Officials say increased domestic refining will improve fuel supply stability and reduce exposure to volatile global petroleum prices.

Phase I of Sentuo is already operational, while Phase II positions the facility among West Africa’s largest refineries and advances the government’s broader economic transformation agenda focused on building a resilient, manufacturing-based economy.

Click to read more: https://opemsuo.com/author/hajara-fuseini/

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