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Ghana sees need for energy transition, still sees gas as key - deputy minister

Ghana's deputy energy minister said on Tuesday, 9 November, that he recognises the need for an energy transition but still strongly believes that gas will be an important source of energy going forward.

By Yousef Saba

9 Nov 2021

Source: Nikolay Zaburdaev © 123RF.com

Ghana discovered oil in 2007 and began production at the end of 2010, boosting economic growth to around 14% the following year and raising hopes of a bonanza.

The country's state-owned petroleum company is looking to acquire oil assets in order to accelerate exploration before a transition from fossil fuels reshapes the market, the finance minister said in July.

Ghana was aiming for 100% energy access by 2024 and is working on a nuclear facility, the deputy minister added on Tuesday.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/