Ghana recorded a 10% year-on-year increase in raw gas production in 2024, driven by higher output across all three producing fields—Jubilee, TEN, and Sankofa Gye Nyame (SGN)—according to the 2024 Annual Report of the Public Interest and Accountability Committee (PIAC).
However, despite the production growth, gas exports to Ghana National Gas Limited Company (GNGLC) saw a marginal decline, especially from the Jubilee and TEN Fields.
The report offered detailed insights into raw gas production volumes, export destinations, and year-on-year changes in Ghana’s upstream gas sector.
“Total raw gas production from the three fields in 2024 stood at 280,511.03 MMSCF—up from 255,171.97 MMSCF in 2023.
“The Sankofa Gye Nyame (SGN) Field led with 136,824.96 MMSCF, followed by Jubilee Field at 85,385.05 MMSCF, and the TEN Field at 58,301.02 MMSCF.”
PIAC 2024 Annual Report
The Jubilee Field produced 85,385.05 MMSCF of raw gas in 2024, representing a 9.6% increase over the 2023 figure of 77,900.05 MMSCF. Of this, 32,747.44 MMSCF (38%) was exported to GNGLC—a 6% decrease from the previous year’s export volume of 34,831.36 MMSCF.
PIAC noted, “August saw the lowest gas exports from Jubilee, while June recorded the highest,” reflecting monthly fluctuations in offtake or operational constraints.
Production from the TEN Field rose 16.4%, from 50,068.90 MMSCF in 2023 to 58,301.02 MMSCF in 2024.
However, only 861.99 MMSCF (around 1%) of this was exported to GNGLC—down 6.5% from 922.11 MMSCF in 2023.
The low export figure suggests limited infrastructure or processing capacity for gas from TEN, or prioritization for reinjection.
“A total of 33,609.43 MMSCF was exported to GNGLC from Jubilee and TEN Fields during the review period.”
PIAC 2024 Annual Report
As the most gas-rich of the three, the SGN Field produced 136,824.96 MMSCF in 2024, a 7.6% increase from the 127,203.02 MMSCF recorded in 2023.
Of this, 81,794.84 MMSCF (59.8%) was exported to the Onshore Receiving Facility (ORF)—an 18.1% increase from the 2023 volume of 69,286.85 MMSCF.
“The highest production of Non-Associated Gas (NAG), 8,848.31 MMSCF, was recorded in July, while the highest production of Associated Gas (AG), 6,081.37 MMSCF, was recorded in October.”
PIAC 2024 Annual Report
These peak months indicated the importance of seasonal or operational dynamics in gas output and utilization, especially for planning downstream energy supply.
Gas Sector Performance
The report’s findings suggested strong upstream gas performance but underscore operational and infrastructural bottlenecks limiting full domestic utilization.
While overall production increased, the lower percentage of exports to GNGLC—particularly from Jubilee and TEN—may reflect capacity constraints, ongoing maintenance, or limited market demand.
PIAC has long advocated for expanded gas processing and distribution infrastructure, and the 2024 report reiterated the need for government and stakeholders to address the mismatch between growing production and slower export or offtake rates.
“Gas production is up across all fields, yet exports from some assets are down.
“This underscores the need to invest in midstream infrastructure, including pipelines and processing plants, to optimize gas monetization.”
PIAC 2024 Annual Report
As Ghana continues to rely on natural gas for power generation and industrial feedstock, efficient production, delivery, and utilization will be central to energy security and economic performance.
The rising volumes from the SGN Field in particular position it as a critical asset for the country’s energy diversification strategy.
However, the apparent underutilization of Jubilee and TEN gas points to untapped potential, which could be unlocked through strategic investments and improved coordination among sector stakeholders.
PIAC’s 2024 report is not just a tally of figures—it is a call to align production capabilities with export and domestic usage pathways to ensure that Ghana extracts maximum value from its growing natural gas output.
READ ALSO: Mahama Promises Revamp of Tema Oil Refinery Through PPP