Ghana receives first Jubilee crude shipment for local refining at Sentuo

Ghana has taken a significant step toward energy independence with the first delivery of Jubilee crude oil for local refining at the Sentuo Oil Refinery in Tema.

Speaking at the crude oil berthing ceremony, Executive Chairman Ningquan Xu described the development as a historic milestone in the country's industrial transformation agenda.

“For many years, Ghana exported crude oil while importing refined petroleum products. We exported value and imported dependency,” he said.

According to Xu, refining Jubilee crude locally will help create jobs, enhance energy security, and enable Ghana to retain more value from its natural resources.

He also announced that President John Dramani Mahama is expected to perform the sod-cutting ceremony for Phase Two of the Sentuo Refinery Expansion Project on June 24, 2026.

The expansion is expected to significantly boost refining capacity and create thousands of additional jobs.

The company said the latest milestone brings Ghana closer to becoming a regional petroleum processing and trading hub serving West Africa and the Sahel.

“History will remember this moment as the day Ghana refined more of its own resources for its own development,” Xu stated.