Juaben Oil Mills Ltd (JOML) was incorporated in 1981 as an Agro Processing Company The Company is located at Juaben in the Juaben Municipal in the Ashanti Region of Ghana; Juaben is about 32 km east of Kumasi the Ashanti Regional Capital and Ghana’s second largest city.
How many palm oil mills are there in Ghana?
As of August 2017 there are only 9 large and medium palm oil mills in Ghana. However, there are more than 100 small-scale palm oil mills across the country which few of them are yet to be up-graded to medium-scale.
How much oil does Ghana produce a day?
Due to ongoing developments in offshore resources, Ghana’s Ministry of Energy expects production to reach 500,000 barrels per day by 2024. One of the main oil discoveries in the country between 2019 and 2021 was the Eban oil field, with estimated resources of 180 million barrels of oil equivalent.
What role does Ghana play in the African oil industry?
Ghana plays an important role in the African oil industry. In 2020, the country produced crude oil amounting to over 173,000 barrels per day. Due to ongoing developments in offshore resources, Ghana’s Ministry of Energy expects production to reach 500,000 barrels per day by 2024.