Energy Minister, Dr. Mathew Opoku Prempeh, has emphasized the necessity for Africa to be permitted to utilise all energy resources at its disposal for the benefit of its population.
Speaking at the 24th World Petroleum Congress (WPC) in Calgary, Canada, the Minister announced this.
In the wake of the energy transition, he reaffirmed Ghana’s steadfast commitment to fully utilizing its hydrocarbon resources for the shared economic prosperity of its population.
Dr. Mathew Opoku Prempeh stressed that oil and gas exploration and production will go on for the foreseeable future in order to maintain the supply of natural gas, which is our go-to fuel for transitional purposes.
Read his full statement below:
We continue to pitch a strong narrative of Ghana and for that matter Africa being allowed to use every energy resource at its disposal for the benefit of its people.
For this reason, I did not mince words at a Ministerial session on Monday at the opening of the 24th World Petroleum Congress (WPC) in Calgary, Canada, reiterating Ghana’s firm stance on fully exploiting its hydrocarbon resource for the shared economic prosperity of its citizens in the wake of the energy transition.
I made the point that oil and gas exploration and production will continue in the next few decades to ensure the availability of natural gas, which for us, is the transition fuel. Cognizant of the impacts of hydrocarbons on the environment, I indicated that we have already included Carbon Capture and Storage and other green interventions in our Energy Transition Framework to duly take care of emissions.
I further used the opportunity to market Ghana’s sedimentary basins which have huge oil and gas prospects and can be leveraged to develop the clean energy resources and green infrastructure we require.