GNPC pledges commitment to full control of oil, gas operations
The Ghana National Petroleum Corporation (GNPC) has reaffirmed its commitment to achieving full operatorship as it continues to strengthen technical competence, institutional resilience, and financial sustainability.
The assurance was given at the Corporation’s Second Annual General Meeting (AGM), held in Accra under the theme “Consolidating Our March Towards Operatorship”.
The meeting brought together representatives from the Ministry of Finance, the State Interests and Governance Authority (SIGA), GNPC Board members, management, and other key stakeholders.
Attendees received and considered GNPC’s 2024 Annual Report, which highlighted the Corporation’s operational and financial performance for the year. The report showed steady performance, including stable oil production, increased gas exports, and significant progress on strategic projects.
Delivering the keynote address, the Minister for Energy and Green Transition, John Abdulai Jinapor, MP, commended GNPC for its role in safeguarding Ghana’s petroleum interests. He urged the Corporation to accelerate capacity-building efforts towards full operatorship.
“The Corporation serves as the state’s eye in upstream partnerships. The energy transition makes capacity building a necessity, and GNPC must continue to develop the expertise needed to operate blocks independently and sustainably,” the Minister stated.
He highlighted government interventions to address industry challenges, including declining oil production, low investment inflows, and gas infrastructure gaps.
The Minister also assured that the Ministries of Finance and Energy are collaborating to resolve GNPC’s gas debt exposure and ensure long-term financial stability.
