PHDC Engages Noah Group on Strategic Investment in Petroleum Hub

The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr. Toni Aubynn, has held discussions with the Chairman of Noah Group of Companies, Dato’ Muhammad Noah bin Abdallah, and his delegation to explore potential investment opportunities in Ghana’s oil and gas sector.

The meeting focused on the Petroleum Hub project, with both parties examining prospects for feedstock supply, strategic partnerships and investment collaboration.

Dr. Aubynn outlined the Petroleum Hub’s key competitive advantages, citing attractive tax incentives, Ghana’s political stability, rising petroleum demand and the deep-water conditions at Jomoro, where seawater depths of between 22 and 27 metres can accommodate large crude oil vessels.

The engagement forms part of PHDC’s ongoing efforts to attract credible international investors and strategic partners to support the development of the Petroleum Hub project and drive Ghana’s broader energy and industrial transformation agenda.

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