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HomeOil and GasTony Aubynn targets world-class Petroleum Hub with local content

Tony Aubynn targets world-class Petroleum Hub with local content

The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr. Tony Aubynn, has called on local investors to seize the vast investment opportunities presented by the ongoing Petroleum Hub project in the Jomoro Municipality of the Western Region as he targets building a world class standard.

Speaking to the media, Dr. Tony Aubynn emphasized the significant economic prospects the project offers and encouraged Ghanaian investors to commit capital to the initiative, which aims to position Ghana as a leading player in the downstream petroleum sector.

He pointed to a range of incentives instituted by PHDC to attract and maximize returns for investors, stating that these should catalyze increased local participation.

“We have instituted measures for seamless experience for all investors. These incentives are very good and should motivate people to invest in the hub projects,” he said.

Outlining his strategic vision, Dr. Tony Aubynn reiterated his ambition to develop a world-class petroleum hub that will serve as the anchor of Ghana’s energy sector.

He believes the hub has the potential to significantly drive economic transformation and industrial growth.

Dr. Tony Aubynn stressed the importance of strong local investor involvement, noting that their active participation is critical to realizing the full potential of the hub.

He urged Ghanaian investors to take bold steps and play leading roles in positioning the country as a key destination for petroleum refining and value addition in the energy space.

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