Ghana exports petroleum to giant of Africa, Nigeria and other African countries after BOST restructures
Ghana’s Minister of Petroleum, Mr Emmanuel Armah-Kofi Buah has revealed that the country has commenced the exportation of fuel and gas to the landlocked countries of Burkina Faso, Niger and Mali; from the Bolgatanga Petroleum Depot run by the state-owned Bulk Oil Storage and Transport (BOST) Company Limited. Mr Emmanuel Buah made this known at the meet-the-press series in Accra.
The Minister also disclosed that the state-owned Bulk Oil Storage and Transportation Company Limited is also supplying petroleum products to Benin Republic and Nigeria with plans to extend to Liberia in the coming months.
Mr Emmanuel Buah said the vision of the government was to make Ghana the hub for the distribution of petroleum products in the West African sub-region. He pointed out that Ghana has been ushered into a new gas era that would guarantee its energy security for the next two decades. According to the minister, BOST is able to achieve this feat following its restructuring, which had been successful in ensuring the availability of petroleum products in the country.
Mr Emmanuel Buah explained that the Ghana Gas Company (Ghana Gas) had completed the extension of its pipeline to the battery limit of the West Africa Gas Pipeline Company’s (WAPCo’s) Regulatory and Metering Station at Aboadze, and indicated that Ghana Gas was awaiting WAPCo to interconnect.
The Bolgatanga Petroleum Depot, with a capacity of 46 million litres of refined gasoline and gas oil was re-inaugurated in August 2015. This recent development is bound to bring shame to Africa’s biggest oil producer, Nigeria. Kudos to Ghana’s Petroleum Ministry for achieving this great feat.