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Ghana Approves $980 Million Investment for New Sentuo Oil Refinery

  • 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.

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