Business Outlook Africa

President Mahama Cuts Sod for Phase II of the Sentuo Oil Refinery

President John Dramani Mahama has cut the sod for the Phase II of the Sentuo Oil Refinery, reaffirming Government’s commitment to industrialization, energy security, and value addition.

The Sod Cutting ceremony which took place on June 26,2026 brought together key stakeholders across the industry including the Minister for Trade and Agribusiness and the Minster for Energy.


Passing on his remarks at the ceremony, President Mahama emphasized that Ghana’s development strategy is centered on moving beyond the export of raw materials to building a resilient economy that processes, manufactures, and creates value within its borders.

The expansion will increase the refinery’s processing capacity from 40,000 to 100,000 barrels per day, strengthen Ghana’s energy sector while also creating thousands of jobs, and support the nation’s broader economic transformation agenda.

The project is expected to boost employment at the refinery upon completion, while contributing significantly to the country’s energy independence and industrial growth.

The Sentuo Oil Refinery Limited (SORL) is a massive, modern petrochemical facility located in the Tema Heavy Industrial Area in Ghana. Originally commissioned in early 2024 with an initial investment of nearly $2 billion by the Chinese conglomerate Sentuo Group, it has quickly established itself as the country’s largest active refining facility.

 

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