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Ghana Gas records historic 97% profit growth in 2025

by theoverseeronline.com
August 4, 2026
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Ghana Gas records historic 97% profit growth in 2025
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The Ghana National Gas Company (Ghana Gas) says its 2025 financial results reflect a period of stronger operations, improved efficiency, and increased capacity, after recording a 97 percent jump in net profit.

The company’s performance was disclosed at its 8th Annual General Meeting held on Friday, July 31, 2026, where shareholders adopted the audited financial statements and reviewed the company’s progress over the year.

Energy and Green Transition Minister John Abdulai Jinapor described the results as a major boost for Ghana’s energy sector, noting that the company had made significant gains despite pressures within the industry.

Beyond the financial returns, the Minister highlighted Ghana Gas’ expansion in production capacity, with gas processing volumes rising from 100 million standard cubic feet per day (MMscfd) to 130 MMscfd, while LPG output also improved.

He said the company’s stronger balance sheet creates room for further investments that will support power generation, industrial activity, and the country’s broader energy ambitions.

“The 97 percent growth in net profit demonstrates that Ghana Gas is not only expanding its operations but is also creating greater value for the state and its stakeholders,” Mr. Jinapor stated.

He challenged the company’s leadership to continue pursuing measures that improve reliability, expand infrastructure, and maintain the financial gains achieved.

The company’s external auditors, KPMG, also pointed to better cost control and operational improvements as factors behind the positive outlook, describing the financial position as one that strengthens Ghana Gas’ ability to deliver sustained value.

The Minister also praised the role of the State Interests and Governance Authority (SIGA) in promoting stronger corporate governance among state-owned enterprises.

With increased processing capacity and improved profitability, Ghana Gas is expected to play a larger role in supporting Ghana’s energy security and industrial growth agenda.

Tags: Ghana GasGhana NewsJohn Abdulai JinaporKPMGLPGSIGA
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