Ghanaian players in the petroleum downstream sector on Tuesday convened at the Fiesta Royale Hotel in Accra, the capital of Ghana, to discuss key issues and map out a sustainable future for the industry.
The two-day Petroleum Downstream Dialogue 2025, organised by the Chamber of Oil Marketing Companies (COMAC), began on Tuesday 18 and would end on Wednesday, February 19, 2025.
The event featured the new Minister for Energy and Green Transition, John Abdulai Jinapor, as the Special Guest, the Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tameklo Esq., Chief Executive Officer of Chamber of Bulk Oil Distributors (CBOD), Executive Director of Africa Centre for Energy Policy (ACEP) Benjamin Boakye, Executive Director of Institute for Energy Security (IES), Nana Amoasi (VII), and several captains of the oil and gas industry.
Tuesday’s discussions focused on policy development and regulatory reforms, local content and participation in the downstream petroleum sector, and energy transition in the sector.
In his welcome address, Gabriel Kumi, the Managing Director of Pacific Oil and Chairman of COMAC, noted that the downstream industry faces numerous challenges, including regulatory bottlenecks, restrictive policies and operational hurdles, as well as global price volatility, infrastructural gaps and financial constraints.
However, he emphasised that these challenges also present opportunities for innovation, collaboration and strategic frameworks that can transform the downstream sector.
Through interactive panel discussions and networking sessions, the dialogue aimed to explore actionable strategies for overcoming these challenges and unlocking new avenues for growth and sustainable development.
Mr Kumi expressed his gratitude to the distinguished guests, including the Minister for Energy and Green Transition and the CEO of the National Petroleum Authority (NPA) for their presence and commitment to collaboration and support for the industry
Source:https://energynewsafrica.com
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