Nana Akufo-Addo, the President of Ghana, played a role in officially inaugurating the Sentuo Oil Refinery, achieving a significant milestone in the nation’s pursuit of self-reliance and prosperity within the oil and gas sector. The refinery has garnered recognition as the largest and most advanced facility in West Africa.
The Sentuo Oil Refinery, located in the Tema Industrial Area, has a capacity of 200,000 barrels per day (bpd), which is more than enough to meet the domestic demand of 80,000 bpd and export the surplus to neighboring countries. The refinery is equipped with state-of-the-art technology and facilities to produce high-quality petroleum products that meet international standards.
The refinery is a joint venture between the Ghana National Petroleum Corporation (GNPC), the state-owned oil company, and Sentuo Group, a Chinese conglomerate with interests in energy, mining, construction, and agriculture.
The completion of the project, costing $4 billion and spanning four years, is anticipated to generate over 10,000 direct and indirect jobs and contribute $1.2 billion in annual revenue to the government.
