Africa Energy

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Since the discovery of offshore oil in 2007, Ghana has been adapting to the new reality of its hydrocarbons economy. The initial euphoria has given way to some of the more challenging aspects of extracting oil and gas offshore, but with the Jubilee field producing near capacity and plans to develop the TEN field approved, Ghana is on solid footing...

What are the priorities for finalising the necessary infrastructure for gas production?

Improved technology and global demand for natural gas has set explorers scouring the African landmass and offshore waters for new deposits. Ghana is a beneficiary of this wave of exploration, but plans for increased output from elsewhere in Africa, the Middle East and Asia have affected the outlook for the country’s energy policies – particularly...

Over the past decade, the thirst for fuel in emerging economies has mirrored their spectacular economic rise, shifting growth in demand for energy from the West to the East. The changing dynamics of energy demand have, in turn, affected the downstream petroleum sector, increasing the share of new investment flowing to emerging markets. Four out of...

Chapter | Utilities from The Report: Ghana 2013

With the economy growing at record rates, the authorities are working to keep pace with rising demand for water, power and sanitation. Compared to many neighbouring countries, Ghana’s utilities are in healthy standing, though the sector has not been without problems. The country’s water and sanitation systems are in need of improvement; only 64% of the population had access to clean water and 15...

Chapter | Energy from The Report: Ghana 2013

Since the discovery of offshore oil in 2007, Ghana has been adapting to the new reality of its hydrocarbons economy. In 2012 production at the Jubilee field increased 15% year-on-year to reach 27.4m barrels of crude oil, the entirety of which was exported for nearly $3bn. Oil production from the Jubilee field will likely plateau at around 140,000 bpd from 2013 to 2023. Gas production is also...

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