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Oil And Gas

ACEP demands further review of sulphur content for diesel

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The African Centre for Energy Policy (ACEP) wants the National Petroleum Authority (NPA) to further review downwards, its maximum sulphur content requirement for diesel products imported into the country. “The announcement that the standards have been reduced to 500 ppm is not satisfactory the reason being that importers can still import diesel with Ultra sulphur content of up to 10ppm ...

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NPA reviews maximum sulphur content for imported diesel

dirty diesel in Ghana

The National Petroleum Authority (NPA) has revised the national sulphur specification for diesel from maximum 3000 parts per million (ppm) to 500 ppm, effective January 2017. The Authority however says it will allow suppliers of fuel to Ghana to import diesel at 10ppm or lower. According to the NPA, whilst the revised national specification will be at 500pmm, suppliers of ...

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European standard diesel of 10ppm to cost 1% increase in price

Senyo Hosi-CEO Chamber of Bulk Oil Distributors

The Chief Executive Officer of the Chamber of Bulk Oil Distributors,  Senyo Hosi has disclosed that revising the standards of imported diesel from  3,000 parts per million(ppm) to 10 ppm will result in a 1 percent increase in the cost of the commodity. A recent study conducted by Swiss NGO Eagle Eye , in collaboration with ACEP revealed that  imported ...

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Petrosol launches campaign to ensure accuracy at the pumps

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As part of efforts aimed at providing the right quantity of fuel to its consumers, Oil Marketing Company, Petrosol has launched the ‘Full Quantity Campaign’ in Accra. The move is also intended to complement the work of the Ghana Standard Authority (GSA) and National Petroleum Authority (NPA) by creating awareness of the availability of the 10-liter Measuring Can at various ...

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COPEC to petition Pres. Mahama over dumping of dirty diesel in Ghana  

OMCs hit back at MP over fuel smuggling comments

The Chamber of Petroleum Consumers Ghana (COPECGH)will today petition  President John Dramani Mahama to come out with new policies aimed at reducing sulphur content in imported diesel from 3,000 parts per million(ppm) to 10 ppm. A recent study conducted by Swiss NGO Eagle Eye , in collaboration with ACEP revealed that  imported diesel from Europe to African countries including Ghana ...

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ECG to cut down on 30% power distribution losses

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The Electricity Company of Ghana (ECG) has intensified moves to cut down on illegal connections and theft to improve its revenue generation. Currently, the ECG is estimated to lose over 30 percent of its revenue through systems and distribution losses. Speaking to journalists after the signing of a Memorandum of Understanding between Korean Electricity Company(KEPCO) and the ECG, the Managing ...

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FPSO shutdown hurts Ghana’s economic growth

FPSO-Kwame-Nkrumah-vessel

The Ghana Statistical Service (GSS) has reveled the shutdown of the Kwame Nkrumah FPSO in the second quarter of 2016 led to a slowdown in Ghana’s economic growth for that period. Gross Domestic Product (GDP) figures released by the GSS today [Wednesday] revealed that Ghana’s economy in the second quarter of 2016 grew by 2.5% compared with the revised 3.8 ...

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Dirty diesel kills thousands of Ghanaians yearly – ACEP

dirty diesel in Ghana

Energy policy think tank, Africa Centre for Energy Policy (ACEP) has told Citi Business News thousands of  Ghanaians lose their lives every year because they inhale fumes from dirty diesel. ACEP’s  Deputy Executive Director, Benjamin Boakye says ‘people are dying because we import this dirty fuel. World Bank estimates that 17, 500 people die annually in Ghana  because of air ...

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GNPC,PURC to work on refinancing Sankofa field loans

Alex Mould-GNPC 600x330

As work on the Gye Nyame Sankofa field reaches 54 percent, the Ghana National Petroleum Corporation (GNPC) has assured that it will work the with the Public Utilities  Regulatory Commission (PURC) to help generate money to refinance the loans used by government as a partner in the project. The Sankofa field is estimated to hold 204 million barrels of oil ...

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Petroleum workers petition Ghana Gas Board over dismissals

ghana gas

The General Transport, Petroleum and Chemical Workers’ Union, (GTPCWU), is petitioning the Ghana National Gas Company Limited over the dismissal and suspension of some workers at the Atuabo Gas Processing plant. A total of forty-five workers have been affected in various disciplinary measures taken by the management of the Ghana Gas Company Limited for demonstrating against poor working conditions at the ...

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Ghana Business News