Ghana has taken a major step toward energy independence with the first delivery of Jubilee crude oil to be refined locally at the Sentuo Oil Refinery in Tema.
Speaking at the crude oil berthing ceremony, Executive Chairman Ningquan Xu described the development as a historic milestone in Ghana’s industrial transformation agenda.
“For many years, Ghana exported crude oil while importing refined petroleum products. We exported value and imported dependency,” he said.
Xu noted that refining Jubilee crude in Ghana will help create jobs, strengthen energy security, and retain more value from the country’s natural resources.
He also announced that President John Dramani Mahama is expected to perform the sod-cutting ceremony for Phase Two of the Sentuo Refinery Expansion Project on June 24, 2026, a move expected to increase refining capacity and create thousands of jobs.
The company says the milestone positions Ghana closer to becoming a regional petroleum processing and trading hub for West Africa and the Sahel.
“History will remember this moment as the day Ghana refined more of its own resources for its own development,” Xu stated.
