Search

Ghana Approves $980 Million Investment for New Sentuo Oil Refinery

Breaking News
© Allen Dreyfus
  • Sentuo Oil Refinery receives approval to build a $980 million refinery in Ghana
  • The refinery aims to reduce Ghana’s reliance on imported petroleum products

Accra, Ghana – Ghana has taken a significant step towards enhancing its crude oil value chain with Sentuo Oil Refinery receiving approval to invest $980 million to construct a refinery capable of processing 2 million metric tonnes of crude annually. In the project’s second phase, Sentuo plans to invest an additional $1 billion to increase the refinery’s capacity by another 3 million tonnes.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Dakar, Senegal © Unsplash
Senegal’s debt reckoning tests Africa’s restructuring red lines
Read More »
Street scene in Johannesburg, South Africa. Photo by Yiğit KARAALİOĞLU @ Pexels
Can Europe make South Africa’s metros investable? Execution matters
Read More »
The war in Sudan has displaced thousands of people. Photo @ Pexels
Can diplomacy stop Sudan’s war? The conflict is going regional
Read More »

Latest Posts

Latest news insights