Ghana has signed a key term sheet with Eni Ghana E&P, Vitol Upstream Ghana Limited, and the Ghana National Petroleum Corporation (GNPC) to advance a major expansion of domestic gas production from the Offshore Cape Three Points (OCTP) project.
The agreement, signed by the Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, alongside Minister for Finance, Dr. Cassiel Ato Forson, establishes a framework of commercial principles to support the development of new gas infrastructure under the OCTP Non-Associated Gas (NAG) Upgrade Project.
The development builds on a Memorandum of Intent signed in September 2025, which committed the parties to collaborate on strategic investments in Ghana’s energy sector.
Under the proposed upgrade, gas production from OCTP is expected to increase by up to 350 million standard cubic feet per day (MMscfd) by 2028.
The expansion will be driven by the development of the Gye Nyame field, alongside the installation of a booster compressor and a new non-associated gas system on the project’s floating production storage and offloading (FPSO) vessel.
The Offshore Cape Three Points Project remains a key pillar of Ghana’s energy mix, supplying a significant share of gas used for power generation.
“This planned upgrade will enhance our energy security, reduce reliance on imported fuels, and support growing demand from industry and households,”Dr John Jinapor Said.
Officials say the agreement signals continued investor confidence in Ghana’s upstream petroleum sector, with government reaffirming its commitment to maintaining a stable and competitive environment for energy investments.
