Energy & Utilities

Ghana’s energy sector is both young and growing fast, with a second major oil and gas field set to commence production in 2016 and a third to follow soon thereafter. Legal and regulatory regimes are still being established, while improvements are being made to infrastructure to catch up with a rise in demand. This will help to remove obstacles to the use of domestic energy supply to speed up development. In the downstream market, deregulation is likely to be the highlight of 2015, after a decision to end government price setting for main consumer fuels. Increasing oil production, even in a lower price environment, will be particularly valuable at a time when Ghana is grappling with a budget deficit estimated at 7.5% of GDP.

This chapter includes interviews with Joe Mensah, CEO, Kosmos Ghana; William Amuna, CEO, GRIDCo; and Samuel Nana Brew-Butler, Chairman, CenPower Generation.