Energy Minister Dr. Matthew Opoku Prempeh, along with officials from Ghana’s Petroleum Commission (PC), Bulk Energy Storage and Transportation Company (BEST), and GOIL PLC, is currently in Trinidad and Tobago.
The purpose of the visit is to gain insights into best practices, explore advanced technologies, and identify potential partnerships in the energy sector.
This visit is part of efforts to strengthen the linkage between Ghana’s upstream and downstream petroleum sectors, with the aim of maximizing and retaining value.
Dr. Opoku Prempeh, who is also the Member of Parliament for Manhyia South, views Trinidad and Tobago as a viable partner due to its expertise in hydrocarbon exploration, production, refining, and transportation, which can support Ghana’s industrialization agenda.
During the visit, the delegation will visit oil refineries, storage terminals, and transportation facilities. They will also hold meetings with government officials, industry executives, and technical experts to discuss mutual interests between the energy sectors of both countries.
On February 20th, 2024, the Minister’s delegation visited Lake Asphalt of Trinidad and Tobago (1978) Limited, a state enterprise responsible for the commercial development of the Pitch Lake, the world’s largest deposit of natural asphalt. Following discussions and a tour of the lake, there were indications of further discussions on collaboration for mutual benefit.
“We are here in Trinidad to foster knowledge exchange and collaboration between Ghana and Trinidadian oil and gas stakeholders and we intend to enter to a marriage that benefits our two countries”. Management of the company expressed their readiness to engage Ghana on a long-standing commercial partnership for the collective growth and advancement of the parties
This working visit beyond the opportunity to also explore advanced technologies in various areas of the oil and gas value chain, is expected help foster stronger ties and collaboration between the energy sectors of Ghana and Trinidad and Tobago.