The Petroleum Hub Development Corporation (PHDC) has taken a decisive step toward realizing one of Ghana’s most ambitious energy projects, as it edges closer to signing a landmark agreement with a consortium of Egyptian companies and local partners.
In his opening address, Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC, highlighted the historical and diplomatic foundations that underpin Ghana’s relationship with Egypt.
“The Petroleum Hub project, which embodies Ghana’s resolute commitment to securing its energy future and creating sustainable employment opportunities for its populace, serves as yet another avenue to fortify Ghana-Egypt relations.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
The consortium, comprising Chemexa Petrochemical Trading and Kaolin, along with the African International Alliance for Business and Sustainable Development and Adfat Group of Companies as local collaborators, is expected to play a pivotal role in the development of Ghana’s Petroleum Hub project.
Following a high-level meeting between the PHDC and representatives of the consortium, both parties expressed optimism about the discussions and confidence in the prospects of a successful partnership.
Indications suggest that a formal signing of the agreement is imminent, setting the stage for a new phase in the implementation of Ghana’s flagship energy infrastructure initiative.
Strategic Partnership for a Transformative Project
The meeting focused on exploring strategic areas where the consortium’s expertise could be effectively applied.
Dr. Aubynn reaffirmed the PHDC’s determination to position Ghana as a major energy player in the West African subregion through innovation and international collaboration.
“The Petroleum Hub represents an ambitious endeavour by Ghana to emerge as a leader in West Africa’s energy landscape.
“The PHDC remains focused on attracting credible investors and partners who can help us bring this vision to life.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
The Petroleum Hub, once completed, is envisioned as a fully integrated industrial zone dedicated to petroleum refining, storage, petrochemicals, and associated industries.
It forms part of the government’s long-term energy strategy to transform Ghana into a regional hub for petroleum and gas trade, boosting exports and creating tens of thousands of jobs.
Egyptian Consortium Poised for Action
Khaled Mahmoud Sawaby Aly, representing Chemexa Petrochemical Trading, expressed enthusiasm about the partnership and confidence in Ghana’s investment climate.
“Having executed landmark large-scale projects in Egypt, our company is now poised to extend its footprint across other African nations, with Ghana prominently featured among our priority destinations.”
Khaled Mahmoud Sawaby Aly, representing Chemexa Petrochemical Trading
He further elaborated that Chemexa brings extensive experience in constructing tank farms and executing innovative urban development projects, capabilities that align perfectly with the Petroleum Hub’s infrastructure requirements.
“We stand fully prepared to commence operations once all necessary procedures are finalized.
“Our goal is to collaborate effectively with PHDC and other relevant agencies to deliver mutually beneficial results for both sides.”
Khaled Mahmoud Sawaby Aly, representing Chemexa Petrochemical Trading
The Adfat Group of Companies, serving as the local partner and consultant for the consortium, also reaffirmed its commitment to ensuring the smooth execution of the agreement.
The group’s Chief Executive Officer pledged to coordinate proceedings efficiently, guaranteeing that the partnership yields tangible benefits for all stakeholders involved.
The proposed collaboration marks a significant step in Ghana’s ongoing efforts to attract international investment into its energy infrastructure.
By working with Egyptian partners who bring a wealth of technical and industrial expertise, Ghana stands to enhance the credibility and pace of its Petroleum Hub project—a centerpiece of the nation’s industrialization agenda.
Dr. Aubynn, in his closing remarks, extended appreciation to the consortium for their enthusiasm and partnership spirit.
“The PHDC will ensure that all necessary information and support are provided to advance the agreement and move the project closer to implementation.”
Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC
Also present at the meeting were Onasis Rosely, Deputy CEO for Operations and Technical Affairs, alongside key directors and senior management members of the PHDC, who underscored their readiness to support the next steps of the collaboration.
As the Petroleum Hub Development Corporation continues to court strategic investors, the emerging partnership with the Egyptian consortium could mark a defining milestone in Ghana’s quest to become a regional energy powerhouse.
With its focus on sustainability, technology, and regional cooperation, the project promises to unlock new economic opportunities and strengthen Ghana’s role in Africa’s evolving energy future.
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