Last Tuesday, the Ghanaian government signed an agreement with a consortium of local and foreign companies for an investment of 12 billion dollars, with a consortium of local and foreign companies to carry out the first phase of the oil hub megaproject.

Le consortium dénommé TCP-UIC est composé de la company based in ; London, from the local energy group UIC Energy Ghana as well as from the Chinese engineering and construction groups China Wuhan Engineering and China Construction Third Engineering Bureau. The megaproject oil hub project aims to position Ghana as a major commercial hub for energy products in West Africa. It will be developed in three phases by 2036, at an estimated global cost of $60 billion. The first phase of the project involves the construction of a 300,000 barrels per day (bpd) refinery, a 90,000 bpd petrochemical plant, a 3 million m3 storage facility, a pier and a port platform. Once fully completed, the oil hub is expected to significantly boost the Ghanaian economy, attracting international oil trading and storage companies