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Ghana Gas Records 97% Profit Surge

The Ghana National Gas Limited Company (Ghana Gas) recorded a significant improvement in its financial performance in 2025, with net profit increasing by 97 per cent, driven by growth in gas processing and liquefied petroleum gas (LPG) production.

The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, disclosed this during the company’s 8th Annual General Meeting, where shareholders and management reviewed the 2025 Annual Report and Financial Statements.

According to the Minister, the strong performance reflects a year of improved operational and financial outcomes for Ghana Gas, which continues to play a critical role in the country’s domestic gas value chain and the supply of processed gas for electricity generation.

Dr. Jinapor said the company’s increased gas processing capacity and higher LPG production contributed significantly to the rise in profitability during the year under review.

Although he did not disclose the actual profit figure, he noted that the 97 per cent increase represents a substantial improvement compared with the previous year.

The development comes at a time when natural gas remains central to Ghana’s electricity generation system, providing fuel for thermal power plants that support grid stability and industrial operations.

Dr. Jinapor said the performance of Ghana Gas reinforces the company’s importance to government’s broader Gas-to-Power agenda, which seeks to maximise the use of locally produced natural gas for electricity generation, reduce dependence on expensive liquid fuels and support industrial growth.

Ghana Gas processes natural gas from offshore fields and supplies it to power producers and other industrial users, serving as a key link between upstream gas production and domestic energy consumption.

While commending the company’s achievements, the Energy Minister urged Ghana Gas to remain focused on improving operational reliability, expanding critical infrastructure and investing in sustainable growth to meet the country’s increasing energy demands.

He stressed that future growth in gas consumption will require not only increased production from offshore fields but also investments in processing facilities, transmission infrastructure and related systems.

Dr. Jinapor noted that a financially stronger Ghana Gas could enhance its ability to support infrastructure expansion, improve supply reliability and contribute to the long-term stability of Ghana’s energy sector.

He added that the Ministry of Energy and Green Transition remains committed to working closely with the company to strengthen its role in driving industrialisation, economic growth and building a resilient energy future for Ghanaians.

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