Ghana Partners Eni, Vitol and GNPC to Boost Domestic Gas Production by 2028
Ghana has signed a new agreement with Eni, Vitol Group, and Ghana National Petroleum Corporation (GNPC) to expand domestic gas production as the country moves to strengthen energy security and reduce dependence on imported fuels.
According to local media reports, the agreement supports efforts to increase gas output under the Offshore Cape Three Points (OCTP) project, one of Ghana’s most important upstream petroleum developments.
Operated by Eni, the project supplies natural gas for thermal power generation and industrial use.
Energy Minister John Abdulai Jinapor and Finance Minister Cassiel Ato Forson signed the term sheet agreement on behalf of the government, establishing the commercial framework for the OCTP Non-Associated Gas Upgrade Project.
The agreement follows a Memorandum of Intent signed in September 2025, under which the parties committed to pursuing strategic investments aimed at increasing Ghana’s domestic gas supply and supporting long-term energy sector development.
Under the proposed expansion plan, gas production from the OCTP project is expected to rise by 2028 to approximately 350 million standard cubic feet per day, equivalent to nearly 9.9 million cubic metres daily.
The project expansion will include the development of the Gye Nyame field, the installation of a booster compressor, and the integration of a new non-associated gas system on the project’s floating production, storage, and offloading vessel.
Ghanaian authorities view the initiative as critical to stabilising electricity generation as the country continues to face periodic power supply challenges driven by fuel shortages, mounting energy sector debt, and increasing industrial demand.
The agreement also reflects a broader trend across Africa, where natural gas is increasingly being promoted as a transition fuel to support industrialisation, expand energy access, and provide more reliable electricity supplies while global energy markets undergo transition.
Speaking after the signing ceremony, Mr Jinapor described the agreement as a significant milestone for Ghana’s energy strategy.
“Today’s signing sends a strong signal that Ghana’s upstream petroleum sector remains open, stable, and ready for investment,” he said.
He added that the government remains committed to maintaining a predictable and competitive investment climate while ensuring the responsible and sustainable development of the country’s natural resources.
The OCTP expansion is expected to play an important role in reducing Ghana’s reliance on imported liquid fuels for electricity generation, lowering energy costs, and supporting economic growth through improved power reliability.
