Final report on downstream petroleum sector reform presented to minister
The committee, inaugurated on March 14, 2025, was tasked with conducting a comprehensive evaluation of the sector and proposing reforms to enhance its efficiency, transparency, and long-term sustainability.
Ghana’s Minister for Energy and Green Transition, John Abdulai Jinapor, has officially received the final report from the Petroleum Downstream Sector Reforms Committee (PDSRC), marking a key milestone in the government's efforts to overhaul the petroleum downstream industry.
The committee, inaugurated on March 14, 2025, was tasked with conducting a comprehensive evaluation of the sector and proposing reforms to enhance its efficiency, transparency, and long-term sustainability.
Presenting the report, committee chairperson Emma Bulley outlined several critical issues affecting the industry. She cited systemic challenges including outdated infrastructure, weak regulatory enforcement, non-compliance by Petroleum Service Providers (PSPs), operational inefficiencies, illicit market practices, and revenue leakages.
However, she remained confident that the proposed reforms, if fully embraced and implemented, could reposition the sector for growth and resilience.
She also urged strong collaboration among stakeholders to ensure the reforms yield the desired impact.
In response, Minister Jinapor thanked the committee for what he described as "exceptional work," reaffirming the government’s commitment to revitalize the sector.
The Minister emphasized that reforms in the downstream petroleum space are pivotal to the broader national energy strategy, adding, “We are determined to tackle inefficiencies and infrastructure constraints head-on.”
The government is expected to commence a review process and engage key industry stakeholders to prioritize and implement the committee’s recommendations in the coming months.
