Manifesto Promises - Energy and Petroleum

Promise Status
Revise gas processing and transportation Tariffs as well as Levies Delivered
Reduce taxes on electricity tariffs to households and industry Delivered
Redeem government obligations to Bulk Oil Distribution Companies (BDCs) Delivered
Improve transparency in the management of our oil and gas resources Delivered
Improve on the quality of fuel produced or imported into Ghana by reviewing standards for sulphur content in the fuels Delivered
Implement an "Accelerated Oil Capacity Development Programme" to build Ghanaian capacity to manage the oil and gas sector Delivered
Ensure there is sufficient Reserve Margin to ensure stability of the system Delivered
Ensure that procurement of new power projects are executed primarily through PPP and IPP arrangements and are transparent and resulting in least-cost addition of power generation infrastructure Delivered
Ensure effective implementation of the petroleum price deregulation policy Delivered
End DUMSOR in the short term Delivered
Develop a Financial Restructuring and Recovery Plan for the Energy Sector Delivered
Develop a 10-year Power Sector Master Plan to meet medium and long term energy needs Delivered
Decouple Ghana National Gas Company (GNGC) and Ghana National Petroleum Corporation (GNPC) Delivered
Accelerate oil exploration in the Voltain basin Delivered
Review and amend the Petroleum Revenue Management Act 2011 (Act 815) to support investment of revenue from oil primarily in Infrastructure, Health, Education, and Agriculture between 2017 and 2020, including the railways Delivering
Restructure power sector by bringing all hydro generation under VRA and create a separate thermal market Delivering
Relocate the headquarters of GNPC to the Western Region as part of strategy to position the region as an oil services hub Delivering
Redirect BOST to focus on its core mandate of protecting our strategic petroleum reserves Delivering
Pursue energy conservation including introduction of Minimum Energy Performance Standards for electric motors and industrial equipment Delivering
Increase proportion of renewable energy in the national generation mix Delivering
Improve the capacity of PURC and Energy Commission Delivering
Implement policy to reduce energy transmission losses Delivering
Empower local participation in Oil & Gas value-chain through capacity development, financing, & partnership support Delivering
Develop Regional Oil Services Hub in the Western Region in collaboration with the private sector Delivering
Develop long term LNG utilization program as part of strategy to leverage natural gas as long term source central to the operation of the power sector Delivering
Create jobs, in collaboration with the private sector, in the fabrication, installation, and manufacturing of parts etc for the oil and gas industry Delivering
Adopt a distributed solar energy solution for all government and public buildings Delivering
Review Renewable Energy Law to regulate and incentivize investments in renewable technologies Pending
Restructure the Ghana National Petroleum Corporation to focus on its core mandate Pending
Provide incentives to investors in order to build solar parks in the northern part of the country Pending
Explore possibility of geothermal and tidal wave energy Pending
Expand the Tema Oil Refinery (TOR) Pending
Establish a Renewable Energy Industrial Zone Pending
Ensure crude oil produced here is refined here Pending
Develop solar and wind mini-grids for irrigation and water supply through PPPs Pending
Collaborate with private sector to establish oil refinery in Sekondi-Takoradi Pending