Nsiah Speaks: Ghana Must Process More Crude Locally, Not Export It
#EnergyGhana #OilRefinery #GhanaEconomy #SentuoRefinery #JubileeField #CitiBusinessNews #EnergySector #BreakingNews #CrudeOil #OilAndGasGhana
Energy Analyst Benjamin Nsiah is calling for the establishment of more local refineries to process Ghana's crude oil and strengthen the country's energy sector.
His comments come in the wake of plans by Sentuo Oil Refinery to receive one million barrels of crude oil from the Jubilee Field for local processing. According to him, Ghana must expand its refining capacity to ensure that more value is derived from its natural resources.
Speaking to Citi Business News, Mr. Nsiah argued that increasing the number of operational refineries would reduce Ghana's dependence on imported petroleum products while boosting energy security and creating more economic value within the country.
The proposal adds to ongoing national discussions about how Ghana can maximize benefits from its oil and gas resources through local processing and industrial expansion.
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