Ghana’s Minister for Energy, Hon. John Abdulai Jinapor, has announced that the Ministry has begun stakeholder consultations on a new legislative framework aimed at reforming the country’s downstream petroleum sector.
In a statement shared on his official Facebook page yesterday, the Minister disclosed that he led a key stakeholder engagement session earlier in the day on the draft National Petroleum Authority (NPA) Bill.
The proposed legislation seeks to repeal and replace the current National Petroleum Authority Act, 2005 (Act 691) as amended by the National Petroleum Authority (Amendment) Act, 2016 (Act 913).
According to Mr. Jinapor, the draft bill is designed to “reform the downstream petroleum sector, improve regulation, enhance compliance and address sector challenges and opportunities.”
The Minister expressed appreciation to all stakeholders who participated in the consultative session, noting that their insights will be instrumental in shaping a more efficient and investment-friendly petroleum industry.
“Together, we shall enhance efficiency, address regulatory gaps, tighten enforcement and promote an investment-friendly downstream sector,” he stated.
The development of the new bill is part of the Ministry’s broader efforts to modernize Ghana’s energy laws and align them with current industry trends and international best practices.
Stakeholder engagement is expected to continue over the coming weeks before the bill is finalized and presented to Parliament for consideration.
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