*Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition* The Petroleum Hub Development Corporation (PHDC) is appealing to the - SATA RADIO

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*Ghana's Petroleum Industry Under Threat: Minority Caucus Sounds Alarm Over Israel-Iran Conflict* The Minority Caucus in Parliament is warning about the potential impact of *Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition* The Petroleum Hub Development Corporation (PHDC) is appealing to the ABOUT 15,000 BABIES BORN WITH SICKLE CELL ANNUALLY- WORLD CHILD CANCER. According to World Child Cancer, In Ghana, over 1,200 children under 15 years develop cancer annuall

*Ghana's Petroleum Industry Under Threat: Minority Caucus Sounds Alarm Over Israel-Iran Conflict* The Minority Caucus in Parliament is warning about the potential impact of *Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition* The Petroleum Hub Development Corporation (PHDC) is appealing to the ABOUT 15,000 BABIES BORN WITH SICKLE CELL ANNUALLY- WORLD CHILD CANCER. According to World Child Cancer, In Ghana, over 1,200 children under 15 years develop cancer annuall

*Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition* The Petroleum Hub Development Corporation (PHDC) is appealing to the

*Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition* The Petroleum Hub Development Corporation (PHDC) is appealing to the government for GHC300 million to compensate farmers and property owners for the acquisition of 20,000 acres of land in Jomoro, Western Region. Despite former President Akufo-Addo's directive to release GHC200 million for compensation, the amount wasn't included in the 2024 budget, causing project delays. The Petroleum Hub project, valued at $12 billion, aims to establish Ghana as a key player in Africa's energy sector. The project will include Refineries for processing crude oil into petroleum products Petrochemical Plants Producing petrochemicals for various industries Storage Tanks, Storing petroleum products Jetties and Port Infrastructure Facilitating transportation and trade The project is expected to create approximately 780,000 direct and indirect jobs and increase Ghana's GDP by about 70% It will

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Published on 06/22/2025 15:26

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*Petroleum Hub Development Corporation Seeks GHC300 Million in Compensation for Jomoro Land Acquisition*

The Petroleum Hub Development Corporation (PHDC) is appealing to the government for GHC300 million to compensate farmers and property owners for the acquisition of 20,000 acres of land in Jomoro, Western Region.

Despite former President Akufo-Addo's directive to release GHC200 million for compensation, the amount wasn't included in the 2024 budget, causing project delays.

The Petroleum Hub project, valued at $12 billion, aims to establish Ghana as a key player in Africa's energy sector. The project will include

Refineries for processing crude oil into petroleum products

Petrochemical Plants Producing petrochemicals for various industries

Storage Tanks, Storing petroleum products

Jetties and Port Infrastructure Facilitating transportation and trade

The project is expected to create approximately 780,000 direct and indirect jobs and increase Ghana's GDP by about 70%

It will generate $1.56 billion in export tax revenue by 2030 positioning Ghana as a premier petroleum and chemical hub in Africa.

Speaking to the media at a meeting between the energy committee of parliament and agencies in the energy sector, the chief executive officer of the petroleum hub development corporation, Dr Tony Aubynn, stated that the establishment of the petrochemical enclave would be a significant project in Ghana.

Report by PKB

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