NPA revises mode of LPG importation to reduce cost and improve efficiency
The National Petroleum Authority (NPA) on Monday January 9, 2024 successfully held the maiden Open Competitive Tender for LPG imports into the country. The winning tenderer submitted the lowest premium of USD30.39/MT for the four Lots that were tendered for the period March to June 2024. This is a significant drop from the current premiums […]
AKUFO-ADDO COMMISSIONS CHINESE-OWNED SENTUO OIL REFINERY
President Akufo-Addo on Friday, January 26, commissioned the Sentuo Oil Refinery in an initiative to reduce Ghana’s reliance on oil importation. The operationalisation of the Chinese-owned Oil Refinery is also expected to complement the country’s refinery efforts while awaiting the absolute revamping of the Tema Oil Refinery. President Akufo-Addo stated that about 97 percent of […]
AKUFO-ADDO ANNOUNCES PLANS TO REVIVE TOR AT INAUGURATION OF CHINESE-OWNED REFINERY
President Nana Addo Dankwa Akufo-Addo has highlighted ongoing efforts towards the complete revitalization of the Tema Oil Refinery. This declaration came during the inauguration ceremony of the Santuo Oil Refinery, owned by the Chinese firm, Santuo Group, in Tema. Emphasizing the potential of a fully operational Tema Oil Refinery alongside the Santuo Oil Refinery, President […]
WAPCO TO SHUT DOWN FOR REGULATORY TEST EXERCISE
The West African Gas Pipeline Company Limited (WAPCo), has announced that it will undertake a three-day coordinated and planned Emergency Shut Down and High Integrity Pressure Protection System (HIPPS) Proof tests at its facilities in Ghana, Togo, Benin, and Nigeria. A statement issued and signed by Dr Isaac Adjei Doku, General Manager, Corporate Affairs, and […]
NPA,GSA REVIEWS NATIONAL STANDARD FOR GASOLINE
The National Petroleum Authority (NPA) in collaboration with the Ghana Standards Authority (GSA) has initiated steps to review the national standards for gasoline The review will reduce the maximum allowable manganese level in regular gasoline from 18mg/l to 6mg/l and premium gasoline grade from 18mg/l to 2mg/l. A statement issued by the Corporate Affairs Directorate […]
Gold4oil policy not responsible for manganese-laden fuel – BOST
The Bulk Oil Storage and Transportation Company Limited has rejected claims of importing manganese-laden fuel under the government’s Gold-for-Oil Policy. Recent reports have suggested that the importation of manganese-laden gasoline into the market under the Gold-for-Oil policy is to blame for the underperformance of vehicles. However, in a statement issued on Monday, November 27, BOST […]
Petrosol adjudged Brand of the Year 2023 at Ghana Energy Awards
Petrosol, a leading Ghanaian Oil Marketing Company (OMC), was adjudged Brand of the Year 2023 at the Ghana Energy Awards, held recently in Accra. The event had President Nana Addo Dankwa Akufo-Addo, as the Special Guest of Honour. The Ghana Energy Awards recognises companies and individuals in the entire energy sector who exhibit excellence in […]
NPA cracks down on illegal ‘Gao Gao’ fuel stations in Upper East Region
The Upper East Regional office of the National Petroleum Authority (NPA) has embarked on an exercise to clamp down on 16 illegal reseller outlets popularly known as ‘gao gao’ in the region. The region had observed an alarming proliferation of these reseller outlets in areas such as Pelungu, Duusi, Gbane Shiega, Tongo, Gaare, Chuchuliga, Bolga […]
Petroleum tanker drivers resume work after suspension of strike
Business operations have resumed at various petrol and gas depots along the Volta Aluminum Company (VALCO) Kpong road in Tema. A tour at different loading terminals including Tema Oil Refinery, Fuel Trade and Chase was busy with the tanker drivers queueing to fill their tanks. The operations come after government through the Ministry of Roads […]
Petroleum tanker drivers declare nationwide strike
The Ghana National Petroleum Drivers Union and the Gas Tanker Drivers Union declared an indefinite sit down industrial action nationwide yesterday. It claimed that the strike was necessary due to the unmotorable nature of their roads from the GTP roundabout at Community 4 in Tema, in the Greater Accra Region, linking the Tema Oil Refinery […]