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Ghana Petroleum Hub Phase 2 (Lot Two) at Jomoro, US$28bn

Ghana’s Petroleum Hub Development Corporation has announced a US$28bn build-operate partnership for Phase 2 (Lot Two) of the petroleum hub at Jomoro, Western Region, with a consortium led by Global Sphere. The scope is a 300,000 barrels-per-stream-day refinery, two petrochemical plants, 4 million cubic metres of storage and a multi-berth jetty. Construction is due to…

Ghana’s Petroleum Hub Development Corporation has announced a US$28bn build-operate partnership for Phase 2 (Lot Two) of the petroleum hub at Jomoro, Western Region, with a consortium led by Global Sphere. The scope is a 300,000 barrels-per-stream-day refinery, two petrochemical plants, 4 million cubic metres of storage and a multi-berth jetty. Construction is due to start in Q1 2027, with completion in 2031. Financing mix and equity split are not published.

Advisers: Not disclosed.

Source: The Rio Times, citing Citi Newsroom, MyJoyOnline and GNA (19 October 2026). Figures not independently confirmed.

The Meridian Editorial Team

Andrew U. — Editorial Director | Damilare A. — Intelligence Director | Amaka Nwoye — Senior Legal Research Analyst | Salome Mensah — Market Intelligence Analyst | May Ndlovu — Editorial Researcher | K.K. Lawal — Senior Correspondent | The Meridian’s editorial team brings experience across West African legal markets, commercial law, market intelligence and structured research. Our standard is simple: evidence first, independent judgement, and analysis grounded in how legal work happens in practice.

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