In a switch of traditional roles, Ghana is now exporting fuel and gas
oil to Nigeria. Africa’s latest rising production star, Ghana, will
also export to Benin, Burkina Faso, Niger, and Mali.
The exports
will be shipped to countries in the region from Ghana’s Bolgatanga
Petroleum Depot run by the state-owned Bulk Oil Storage and Transport
(BOST) Co. Ltd.
Ghana’s Minister of Petroleum, Emmanuel Armah-Kofi
Buah, revealed the export news at a press briefing. Buah said Ghana had
been ushered into a new gas era that would guarantee its energy
security for the next two decades. “Despite the global downturn in the
oil industry, we have managed to increase production.”
He went on
to say “Ghanaians have been empowered to be at the forefront of the
industry and a liberalized petroleum downstream sector with strong
private sector participation where product availability, competition,
better customer service and lower prices are making Ghana the preferred
destination for doing business in the sub-region.”
The Bolgatanga
Petroleum Depot, with a capacity of 6 million liters of refined gasoline
and gas oil, was re-inaugurated in August 2015.
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