The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr. Tony Aubyn, has described the ongoing tensions in the Middle East as a critical wake-up call for Africa to prioritize energy security.
Speaking during a strategic engagement with Civil Society Organizations (CSOs), Dr. Aubyn said the meeting aimed to update stakeholders on the progress of Ghana’s Petroleum Hub project while addressing concerns, questions, and clarifications from participants.
Addressing the media after the session, he emphasized that Africa currently imports about 85 percent of its petroleum products from outside the continent, a situation he described as risky and unsustainable, especially in light of geopolitical instability in major oil-producing regions.
According to Dr. Aubyn, recent developments in the Middle East underscore the urgent need for African countries to invest in local refining and petroleum infrastructure to safeguard their energy needs.
“The Petroleum Hub presents a major opportunity not only for Ghana but for the entire continent to strengthen energy security,” he noted. “What is happening in the Middle East should serve as a wake-up call for investors to come on board and support this transformative project.”
He stressed that establishing a robust petroleum hub in Ghana would reduce Africa’s dependence on imported refined products, stabilize supply chains, create jobs, and position the country as a key energy player in the region.
Some CSO representatives who participated in the engagement also shared their views with Adom News, expressing appreciation for the briefing and highlighting the importance of continued transparency and collaboration as the project progresses.
The engagement forms part of PHDC’s broader stakeholder consultation efforts, aimed at building public trust and ensuring inclusive participation in the development of Ghana’s ambitious Petroleum Hub initiative.
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