John Jinapor reports 40% increase in petroleum transit to Burkina Faso

John Jinapor announces 40% rise in petroleum transit to Burkina Faso

Ghana’s Energy Minister, John Jinapor, has revealed that the country’s share of petroleum transit to Burkina Faso has surged from 15% to approximately 40% over the past two years. This substantial growth underscores Ghana's increasing importance as a regional energy logistics hub and reflects the success of strategic efforts to capture a larger portion of the landlocked neighbor's hydrocarbon market. The development is seen as a major step in securing economic gains through the country's existing energy infrastructure and transport corridors. The announcement came following a strategic meeting between Ghanaian energy officials and a delegation from Burkina Faso’s national hydrocarbon company, SONABHY. Led by CEO Forogo Patrice, the SONABHY team engaged in discussions aimed at deepening bilateral cooperation in the supply and transportation of petroleum products. These talks were designed to streamline logistics and ensure that Ghana remains a preferred partner for Burkina Faso’s energy security needs, focusing on enhancing the reliability of the supply chain. Minister Jinapor noted that the rise in transit volumes is a direct result of ongoing diplomatic and economic engagements between the two nations. By increasing its transit capacity, Ghana is creating new economic opportunities within its transport and energy sectors, potentially increasing revenue from transit fees and logistics services. The Minister highlighted that the collaboration with SONABHY is critical for maintaining this trajectory, as it addresses both the technical and administrative challenges of cross-border energy trade. Looking ahead, the government plans to further improve transit infrastructure to support the growing demand for petroleum logistics. This includes enhancing the efficiency of the transport corridor and ensuring that storage facilities are equipped to handle larger volumes. The continued partnership between Ghana and Burkina Faso is viewed as a vital component of regional economic integration, potentially paving the way for more robust energy ties and expanded cooperation across the West African sub-region.