Ghana Parliament Appeals for GH¢5.6 Million to Fund Petroleum Commission Data Centre
Parliamentary Select Committee on Energy has requested GH¢5.6 million from the Ministry of Finance to build a world‑class data centre for the Petroleum Commission.
In Brief
- •Parliamentary Select Committee on Energy has requested GH¢5.6 million from the Ministry of Finance to build a world‑class data centre for the Petroleum Commission.
- •The funds are intended to strengthen the Commission’s capacity to manage upstream petroleum data and improve operations.
- •Chairman Emmanuel Kwasi Bedzrah said the move is key to revitalising Ghana’s upstream industry and boosting oil production.
- •The committee highlighted that the 2030 extension of the petroleum agreement has helped lift production from roughly 80,000 to 120,000 barrels per day.
- •The appeal was made during an oversight visit to the Petroleum Commission, where CEO Emeafa Hardcastle outlined new US$35 billion commitments to the sector.
Why It Matters
Securing the requested funds will enable the Petroleum Commission to establish a modern data centre, a critical infrastructure for managing upstream petroleum data and supporting decision‑making in Ghana’s oil sector. The move aligns with Parliament’s broader strategy to reverse declining production and attract investment, following the 2030 extension of the petroleum agreement that has already contributed to a significant rise in daily output. Strengthening data capabilities is essential for maintaining competitiveness in Africa’s increasingly contested petroleum market.
Key Details
- Requested Funds
- GH¢5.6 million
- Petroleum Agreement Extension
- 2030
- Oil Production Increase
- 80,000–120,000 barrels per day
- Fresh Commitments
- US$35 billion
- Data Centre Type
- World‑class
Context & Background
Ghana’s upstream petroleum industry has faced a decline in production, prompting Parliament to extend the petroleum agreement to 2030 and seek additional funding to revitalize the sector.
Original Reporting & Sources
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