Mitsui & Co. Eyes Strategic Investment in Ghana’s Emerging Petroleum Hub

Japanese multinational trading and investment giant, Mitsui & Co. Ltd., has signaled strong interest in participating in Ghana’s ambitious Petroleum Hub development.

A senior Mitsui delegation led by Junji Fukuoka, Managing Officer and Chief Operating Officer of the company’s Basic Materials Business Unit held high-level discussions with Dr. Toni Aubynn, Acting Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), on Tuesday, July 8, 2025.

The meeting marks a significant step toward formalizing Mitsui’s potential involvement in the multi-billion-dollar energy and petrochemical infrastructure project, which aims to position Ghana as a key refining and trading center in West Africa.