Energy Minister Dr Mathew Opoku Prempah has stated that the government will increase power generation capacity.
He also stated that the government will locate power generation in the middle and northern sectors to improve grid stability.
Dr. Opoku Prempeh made these remarks at a press conference in Accra on Wednesday, April 13.
“We have put in place measures to prevent petroleum product scarcity while also ensuring price stability,” he added.
In terms of Ghanaian participation in the petroleum sector, he stated
The Petroleum (Local Content and Local Participation) (Amendment) Regulations, 2021 (L.I. 2435) have been amended to include channel partnerships and strategic alliances in the petroleum upstream sector.
“A draft regulation for Ghanaian content and Ghanaian participation in the downstream sector is being reviewed.” In 2017, a Legislative Instrument (LI 2354) on Local Content and Local Participation in the Electricity Supply Industry was also passed.”
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