According to a report on Vanguard, Ghana is now exporting fuel and gas oil to countries of West Africa, like Burkina Faso, Benin Republic, Niger, Mali and Nigeria from the Bolgatanga Petroleum Depot.
Emmanuel Armah-Kofi Buah, Ghana’s Minister of Petroleum statement in Accra on Thursday, October 7:
“Despite the global downturn in the oil industry, we have managed to increase production. “Ghanaians have been empowered to be at the forefront of the industry and a liberalised 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.”
“In the long term, a 290-km onshore pipeline to ensure gas supply reliability and downstream infrastructure expandability is planned.
“Additional volumes will, in the long term, provide the opportunity for Ghana to realise its vision to utilise gas for the other industrial uses, beyond power generation, such as fertiliser and petrochemicals.”
“The restructuring of BOST has resulted in a turnaround in the performance of this strategic national asset which is now successfully fulfilling its mandate of ensuring the availability of petroleum products.”