Tanzania’s Zanzibar President Hussein Ali Mwinyi on Saturday announced plans to construct a premier port for handling bulk oil and gas cargo.
The Managing Director of Bulk Oil Storage and Transportation Company (BOST), Edwin Alfred Provencal, has disclosed that about four cargoes of gasoline (petrol) and gasoil (diesel) under the government ‘Gold for oil’ programme are expected to arrive in the West African nation’s port in the next couple of days.
The managing director of the Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, has said the company is ready to take advantage of the African Continental Free Trade Area (AfCFTA), after revamping its revenue generating infrastructure.
The first consignment of petroleum products delivered under the Government’s Gold for Oil Policy can serve consumers between 10 to 15 days, the Bulk Oil Storage and Transportation Company
(BOST) has said.
The Bulk Oil Storage and Transportation Company Limited (BOST), has discounted claims in the media that a liquid substance thought to have leaked from a national oil pipeline at a spot near Atimpoku in the Eastern region, was diesel.
Vice President Dr. Alhaji Mahamudu Bawumia is expected to deliver a keynote address at this year’s conference dubbed: ‘Energy Transition in the African Petroleum Downstream Context: Prospects, Challenges and the Way Forward
The Public Interest and Accountability Committee (PIAC) noted in2019, that the Ministry of Finance, Tema Oil Refinery, Bulk OilStorage Transport, and Ghana Gas owed the Ghana NationalPetroleum Commission GH¢1,318,393,339.
Think Tank Baskin Africa have suggested to the Government of Ghana to immediately scrap the Special Petroleum Tax, Price Stabilization Levy and BOST margins in order to relieve the poor from the scorch of the fuel price hikes.
We wish to reiterate that, the Bulk Oil Storage and Transportation Company is set to take its central position in ensuring petroleum product availability at the right prices to drive the economy in the right direction