Ghana is beginning to reverse six consecutive years of declining crude oil production, with the Jubilee Field recently recording daily output of approximately 95,000 barrels of oil, Minister for Energy and Green Transition Dr John Abdulai Jinapor has announced.
Delivering the keynote address at the Ghana International Petroleum Conference (GhIPCon) 2026, Dr Jinapor said renewed investment, improved field management and stronger collaboration between government and upstream industry partners are driving a turnaround in the country’s petroleum sector.
“For six consecutive years, Ghana experienced a decline in crude oil production. Reversing this trend has therefore been a key priority of government,” he said.
The Minister revealed that the Jubilee Field reached daily production of about 95,000 barrels just days before the conference, describing the milestone as one of the strongest production performances recorded in recent years.
“Just three days ago, the Jubilee Field recorded daily production of approximately 95,000 barrels of oil, a level of production we have not witnessed in a very long time,” he stated.
Dr Jinapor also disclosed that gas production has increased by more than 50 million standard cubic feet (MMSCF) per day, further strengthening Ghana’s energy outlook.
According to him, the improvements demonstrate that targeted investments, supportive government policies and a conducive business environment are beginning to yield tangible results.
“This achievement demonstrates that with sound policies, targeted investments, the right business climate and strong partnerships, production decline can be reversed and our petroleum resources can continue to support national development,” he said.
The Minister noted that rising domestic crude production would provide the foundation for expanding local refining capacity, reducing Ghana’s dependence on imported petroleum products and strengthening energy security.
He also called for sustained investment in strategic petroleum reserves, storage infrastructure, transportation networks and innovation to build a more resilient downstream petroleum industry.
Dr Jinapor cautioned that countries could no longer depend on temporary measures to guarantee energy security amid growing global uncertainty.
“Resilience is not built in moments of crisis; it is built in the choices we make before the next crisis arrives. The investments we undertake, the policies we advance and the innovations we embrace today will determine how secure, competitive and prosperous Ghana’s downstream petroleum industry becomes for generations to come,” he said.
Expressing optimism about the sector’s future, Dr Jinapor said continued collaboration between government and industry would strengthen Ghana’s position as a regional energy leader.
“Together, we can position Ghana as the energy and petroleum hub of choice in West Africa,” he said.
