Revise gas processing and transportation Tariffs as well as Levies |
Delivered |
Reduce taxes on electricity tariffs to households and industry |
Delivered |
Redeem government obligations to Bulk Oil Distribution Companies (BDCs) |
Delivered |
Improve transparency in the management of our oil and gas resources |
Delivered |
Improve on the quality of fuel produced or imported into Ghana by reviewing standards for sulphur content in the fuels |
Delivered |
Implement an "Accelerated Oil Capacity Development Programme" to build Ghanaian capacity to manage the oil and gas sector |
Delivered |
Ensure there is sufficient Reserve Margin to ensure stability of the system |
Delivered |
Ensure that procurement of new power projects are executed primarily through PPP and IPP arrangements and are transparent and resulting in least-cost addition of power generation infrastructure |
Delivered |
Ensure effective implementation of the petroleum price deregulation policy |
Delivered |
End DUMSOR in the short term |
Delivered |
Develop a Financial Restructuring and Recovery Plan for the Energy Sector |
Delivered |
Develop a 10-year Power Sector Master Plan to meet medium and long term energy needs |
Delivered |
Decouple Ghana National Gas Company (GNGC) and Ghana National Petroleum Corporation (GNPC) |
Delivered |
Accelerate oil exploration in the Voltain basin |
Delivered |
Review and amend the Petroleum Revenue Management Act 2011 (Act 815) to support investment of revenue from oil primarily in Infrastructure, Health, Education, and Agriculture between 2017 and 2020, including the railways |
Delivering |
Restructure power sector by bringing all hydro generation under VRA and create a separate thermal market |
Delivering |
Relocate the headquarters of GNPC to the Western Region as part of strategy to position the region as an oil services hub |
Delivering |
Redirect BOST to focus on its core mandate of protecting our strategic petroleum reserves |
Delivering |
Pursue energy conservation including introduction of Minimum Energy Performance Standards for electric motors and industrial equipment |
Delivering |
Increase proportion of renewable energy in the national generation mix |
Delivering |
Improve the capacity of PURC and Energy Commission |
Delivering |
Implement policy to reduce energy transmission losses |
Delivering |
Empower local participation in Oil & Gas value-chain through capacity development, financing, & partnership support |
Delivering |
Develop Regional Oil Services Hub in the Western Region in collaboration with the private sector |
Delivering |
Develop long term LNG utilization program as part of strategy to leverage natural gas as long term source central to the operation of the power sector |
Delivering |
Create jobs, in collaboration with the private sector, in the fabrication, installation, and manufacturing of parts etc for the oil and gas industry |
Delivering |
Adopt a distributed solar energy solution for all government and public buildings |
Delivering |
Review Renewable Energy Law to regulate and incentivize investments in renewable technologies |
Pending |
Restructure the Ghana National Petroleum Corporation to focus on its core mandate |
Pending |
Provide incentives to investors in order to build solar parks in the northern part of the country |
Pending |
Explore possibility of geothermal and tidal wave energy |
Pending |
Expand the Tema Oil Refinery (TOR) |
Pending |
Establish a Renewable Energy Industrial Zone |
Pending |
Ensure crude oil produced here is refined here |
Pending |
Develop solar and wind mini-grids for irrigation and water supply through PPPs |
Pending |
Collaborate with private sector to establish oil refinery in Sekondi-Takoradi |
Pending |