Ghana’s leading oil marketing company is deepening its ties with Japan as it works to modernize the country’s energy infrastructure on two fronts. GOIL PLC and the Japan External Trade Organization (JETRO) have begun exploratory discussions around LPG storage expansion and EV charging infrastructure, reflecting a broader push by the Ghanaian company to future-proof its operations.
On the LPG side, GOIL has long identified storage capacity as a critical bottleneck. GOIL is planning to commission an additional 12,000 metric tons of LPG storage capacity backed by a $50 million investment. Current storage capacities only cover two to three weeks of national demand, despite 2024 baseline consumption of 340 million kilograms nationally.
The EV dimension reflects a forward-looking ambition. GOIL CEO Edward Abambire Bawa has announced the rollout of the GOIL Fuel Management System for live inventory tracking, alongside upcoming EV charging ports at select service stations, describing the shift as moving “from selling fuel to delivering smart, data-driven solutions.”
The JETRO collaboration signals growing Japanese interest in Ghana’s energy transition, bringing financing expertise and infrastructure know-how that could accelerate both initiatives.
