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Home Business Economy

ASEC urges government to retain ownership of second Ghana Gas processing plant

Prince Kobby DogbeybyPrince Kobby Dogbey
July 17, 2026
in Economy
Reading Time: 2 mins read
africa sustainable energy The Africa Centre for Energy Security (ASEC)

The Africa Centre for Energy Security (ASEC) has called on the government to retain state ownership of the planned Ghana Gas Processing Plant Two (GPP Train 2), arguing that transferring the project to a private company would contradict commitments made in the 2026 Budget Statement.

In a statement issued on July 16, ASEC noted that the 2026 Budget identified the expansion of Ghana’s gas processing infrastructure as a key priority to strengthen energy security and support electricity generation.

Get more exclusive breaking news updates on our WhatsApp channel .

The think tank recalled that the Finance Minister announced the establishment of a Project Implementation Committee to accelerate the construction of a second gas processing plant to process additional gas from the Jubilee partners.

ASEC said the announcement clearly indicated that Ghana Gas would lead the development of the strategic national project and warned that any move to hand it over to private ownership would undermine public confidence in government policy.

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According to the group, reversing the decision would create uncertainty over future strategic infrastructure projects and weaken trust in commitments made to Parliament and the public.

ASEC further argued that the government had justified the project as a means of strengthening Ghana’s energy security, reducing dependence on costly alternatives and increasing the supply of locally processed natural gas for power generation.

The organisation also pointed to government projections that the new plant could save Ghana nearly US$500 million every two years, saying those benefits should accrue to the state rather than private investors.

“The issue is not whether Ghana needs GPP Train 2 because government has already answered that question in the 2026 Budget. The main issue now is whether Government will implement the project in a manner consistent with the commitment it made before Parliament and the people of Ghana,” ASEC stated.

The energy policy think tank maintained that GPP Train 2 is a strategic national asset whose ownership and control should remain with the State through Ghana Gas to ensure its long-term benefits serve the interests of all Ghanaians.

Tags: ASECGhana Gas

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