Ghana now accounts for about 40% of Burkina Faso’s petroleum transit, a significant increase from 15% two years ago, Energy and Green Transition Minister John Jinapor has disclosed.
Jinapor disclosed receiving a delegation from Burkina Faso’s national hydrocarbon company, Société Nationale Burkinabè d’Hydrocarbures (SONABHY).
The delegation, led by the company’s newly appointed Chief Executive Officer, Forogo Patrice, paid a courtesy call on the Minister as part of efforts to strengthen cooperation between the two countries in the petroleum sector.
According to Jinapor, the SONABHY delegation expressed appreciation to the Ghanaian government for its continued support in facilitating the procurement and transit of petroleum products through Ghana.
The meeting explored ways to improve petroleum transportation and supply arrangements, while deepening regional energy cooperation and strengthening the partnership between Ghana and Burkina Faso.
The increase in Ghana’s share of Burkina Faso’s petroleum transit from 15% to 40% over two years highlights the growing importance of Ghana as a transit corridor for fuel supplies to the landlocked country.
The development could also boost activity in Ghana’s transport, logistics and related service sectors as petroleum transit volumes increase.
However, the economic gains will depend on the volume of products transported through Ghana, revenues generated from transit-related services and the capacity of the country’s logistics infrastructure to accommodate the growing demand.
Jinapor said Ghana remains committed to working with Burkina Faso to strengthen petroleum supply chains and promote closer regional energy cooperation.
The engagement forms part of broader efforts by Ghana to deepen energy ties with neighbouring countries and enhance its role in regional petroleum trade.
