Brief Background

H. E. the President, under section 11 of the Civil Service Act, amended the Civil Service Instrument 2013 to create two new Ministries on November 21, 2014;

  • Ministry of Petroleum and
  • Ministry of Power

The  new Ministry was confronted with the challenge of  starting or reviewing some of policies and plans in line with the mandate of the new Ministry

  • Crafting of a new vision & mission, out of the erstwhile Ministry of Energy and Petroleum 
  • Disaggregation of budget, plans, programmes,  office space, and staff
  • Harmonisation of  Sector  institutions, policies and legislation to align with the mandate of the  new Ministry etc.

Vision

To Manage Petroleum resources  to ensure optimum benefit and sustainable supply of Petroleum products, to all Ghanaians.

Mission

To optimize the exploration, development, processing, transportation and utilization of Petroleum resources, through the initiation, formulation, coordination, monitoring and evaluation of innovative policies and programmes for the sector in a safe and compliant manner.

Functions:

  • Translate government’s Oil & Gas development agenda and policy directions into strategies and programmes through the development and implementation of a national petroleum policy;
  • Provide policy guidance to ensure sustained exploration, development and production of the oil and gas endowment;
  • Ensure reliable supply of affordable energy services to meet national demand and for export;
  • Ensure the strengthening of the capacities of sector institutions for effective planning, coordination and programmes delivery

Section Agencies & their Functions

AGENCY

FUNCTIONS

Petroleum Commission ( PC)

Promote planned, well executed, sustainable and cost efficient petroleum activities to achieve optimal levels of resource exploitation for the overall benefit and welfare of Ghanaians

National Petroleum Authority ( NPA)

Regulating, overseeing and monitoring the petroleum downstream industry in Ghana

Ghana National Petroleum Corp. (GNPC)

Oil and Gas exploration and Development and Promotion

Ghana National Gas Company (GNGC)

Build infrastructure  for gathering, processing and transporting natural gas resources across Ghana. To develop the market for the delivery of natural gas resources

Tema Oil Refinery (TOR)

Crude Oil Refining

Bulk Oil Storage and Transportation Company (BOST)

Bulk petroleum products transportation and storage

Ghana Cylinder Manufacturing Company (GCMC).

Manufacture of LPG cylinders and cook-stoves

Ghana Oil Company Ltd (GOIL  -Listed on GSE)

Marketing  and distribution of finished petroleum  products

Petroleum Sector Policies:

  • Petroleum Sector Policies within the National Energy Policy ( 2009-2015)
  • Petroleum Sector Strategies within the National Energy Strategy  (2009-2015)
  • Local Content Policy  for Petroleum Upstream( 2011)
  • Natural Gas Pricing Policy ( 2012)
  • Gas Master Plan
  • Petroleum Downstream Deregulation Policy (2005)
  • Revised Zonalization Policy on Petroleum Product Distribution (2015)
  • Draft Local Content Policy for Petroleum Downstream
  • Rural  LPG Promotion Policy ( Draft)