The Government of Ghana has taken a significant step toward strengthening the country’s energy sector with the signing of a key agreement to expand domestic gas production.
The agreement sets out the commercial framework for expanding gas production under the Offshore Cape Three Points (OCTP) project, a key pillar of Ghana’s energy supply.
The planned upgrade, focused on the OCTP Non-Associated Gas (NAG) project, is expected to significantly increase gas output by up to 350 million standard cubic feet per day by 2028.
This will be driven by the development of the Gye Nyame field, along with new infrastructure including a booster compressor and upgraded gas systems on the project’s FPSO vessel.
This milestone builds on a Memorandum of Intent signed in September 2025, reinforcing collaboration between government and industry players to scale up strategic investments in the energy sector.
The OCTP project already supplies a substantial portion of gas used for power generation in Ghana. The expansion is expected to improve energy security, reduce dependence on imported fuels, and meet rising demand from industries and households.
Government says the agreement sends a strong signal to investors that Ghana’s petroleum sector remains stable, competitive, and open for business, while ensuring responsible development of the country’s natural resources for national benefit.
