ACCRA, Ghana— The African Energy Chamber (AEC) has announced that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021, taking place in Cape Town on the 9th-12th of November 2021.
The pavilion represents a new exposition setup that highlights specific market opportunities and will showcase Ghana’s existing energy developments, upcoming projects, and lucrative investment opportunities.
Specifically, Ghana’s pavilion will highlight the value of Liquified Natural Gas (LNG) as a power generation solution, providing an in-depth view of the current market and the enabling regulation driving progress and expansion.
For instance, the Tema LNG Terminal in Ghana serves as sub-Saharan Africa’s first LNG power generation facility, and holds the capacity to receive, store, regasify and deliver 3.4 million tons of LNG per year.
In conjunction with the Sankofa Gas Project – a 1,000MW gas-to-power project that provides over 1.6 million households with a consistent power supply – the Tema LNG Terminal is positioning Ghana as an African leader and global competitor in natural gas developments.
Led by Hon. Dr. Matthew Opoku Prempeh, Ghana’s Minister of Energy, as well as a delegation of industry leaders including Dr. K. K. Sarpong, CEO of the Ghana National Petroleum Corporation, the pavilion, will also promote the value of supportive legislature in accelerating energy sector growth and success.
“Ghana’s pavilion at AEW 2021 will not only provide valuable insight into the country’s competitive natural gas and oil sectors, but will demonstrate how progressive legislature, market-driven policies, and transparent regulatory frameworks only serve to advance the sector,” stated NJ Ayuk, Executive Chairman of the AEC.
“Through an enabling environment, Africa can attract international investment and increase private sector participation across multiple sectors. Ghana’s pavilion will only emphasize this further.”