No Result
View All Result
Tuesday, December 5, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

    IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

    IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

    Zambia advises Ghana to have restrictive laws on debt accumulation 

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

    Customer Service Week: Pan-African Savings and Loans provides medical services to clients

    Former Capital Bank CEO Ato Essien jailed 15 years

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Zenith Bank @ 18 – Celebrating a legacy of financial excellence

    Former Capital Bank CEO Ato Essien jailed 15 years

    IMF clarifies Ghana’s growth rate projection

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

    IMF awaits Ghana’s agreement with bilateral creditors before releasing next tranche of $3bn bailout

    Development Bank Ghana set to diversify financial offerings by introducing equity fund alongside lending activities.

    Access Bank registers a GH¢0.30 increase in its share price as the local stock exchange witnesses no declines

    Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief

  • TECHNOLOGY

    Ghana loses GHS 49.5 million to cyber fraud in nine months

    Nigeria aims for $5 billion tech investment by 2027

    Genius IT Foundation achieves STEM.org accreditation

    Pharmaceutical Society charged to utilize AI to transform industry

    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

    China launches $41 billion fund to accelerate semiconductor industry

    Digital marketing: Event managers urged to explore growth opportunities

    Govt. urged to commit more investments to enhance AI competencies

    Stakeholders in digital ecosystem charged to do more to protect child privacy

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    A look into how business in Nigeria has fared since President Tinubu’s election

    The effect of the Israel-Gaza conflict and national census ripples across SA’s economy

    West Africa records growth despite coups and underperformance of its largest economies

    World Bank projects Africa’s economy to slow down to 2.5%

    Billion dollar opioid addiction market fuels Nigeria’s drug crisis

    Nigeria aims for $5 billion tech investment by 2027

    Punitive domestic tariffs threaten African trade

    South Africa adds Ghana to E Visa list

    Ofori-Atta commends G20 for AU’s inclusion, urges common voice

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

    IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

    IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

    Zambia advises Ghana to have restrictive laws on debt accumulation 

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

    Customer Service Week: Pan-African Savings and Loans provides medical services to clients

    Former Capital Bank CEO Ato Essien jailed 15 years

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Zenith Bank @ 18 – Celebrating a legacy of financial excellence

    Former Capital Bank CEO Ato Essien jailed 15 years

    IMF clarifies Ghana’s growth rate projection

    NPA sanctions seven OMCs for illicit fuel distribution

    Gold Coast Fund Management Company customers begin day 2 of protest at Finance Ministry

    IMF awaits Ghana’s agreement with bilateral creditors before releasing next tranche of $3bn bailout

    Development Bank Ghana set to diversify financial offerings by introducing equity fund alongside lending activities.

    Access Bank registers a GH¢0.30 increase in its share price as the local stock exchange witnesses no declines

    Ghana’s 3% economic growth an indication of a resilient economy – IMF Mission Chief

  • TECHNOLOGY

    Ghana loses GHS 49.5 million to cyber fraud in nine months

    Nigeria aims for $5 billion tech investment by 2027

    Genius IT Foundation achieves STEM.org accreditation

    Pharmaceutical Society charged to utilize AI to transform industry

    Apple says iPhone and iPad apps will show up on the vision OS App Store from the get-go

    China launches $41 billion fund to accelerate semiconductor industry

    Digital marketing: Event managers urged to explore growth opportunities

    Govt. urged to commit more investments to enhance AI competencies

    Stakeholders in digital ecosystem charged to do more to protect child privacy

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    A look into how business in Nigeria has fared since President Tinubu’s election

    The effect of the Israel-Gaza conflict and national census ripples across SA’s economy

    West Africa records growth despite coups and underperformance of its largest economies

    World Bank projects Africa’s economy to slow down to 2.5%

    Billion dollar opioid addiction market fuels Nigeria’s drug crisis

    Nigeria aims for $5 billion tech investment by 2027

    Punitive domestic tariffs threaten African trade

    South Africa adds Ghana to E Visa list

    Ofori-Atta commends G20 for AU’s inclusion, urges common voice

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Activate all your fuel distribution pipelines – IES to BOST 

byMichael Ogbodu
June 11, 2021
in News, Top Stories
Share on FacebookShare on TwitterShare on Whatsapp

The Institute for Energy Security, IES, is urging the Bulk Oil Storage and Transportation Company Ltd (BOST) to ensure it gets all its fuel pipe distribution lines back online.

This according to the IES will help reduce incidents associated with the transportation of petroleum products across the country.

Two fuel tanker explosions have been recorded this year alone that have led to the loss of lives and destruction of properties.

ADVERTISEMENT

According to IES such fire incidents could be reduced if BOST’s pipelines are all activated.

Executive Director of IES, Nana Amoasi IV stated that transporting fuel using pipelines are a safer option and a remedy to such occurrences.

“We would rather propose that BOST being the major transporter of petroleum products across the country or the primary transporter of petroleum products should rather look at reviving its pipelines across the country.”

He added that “We have one from Tema Oil Refinery to the Accra plains depot moving from there to Akosombo depot via the Maame Water depot, this line needs to come on stream so that we won’t need bulk road vehicles to cart product from Tema to Akosombo.”

BOST has a mandate to develop and manage a network of storage tanks, pipelines, and other bulk transportation infrastructure throughout the country.

Three people died in a fuel tanker explosion at Onyina Nofo, in the Ahafo Ano South West District of the Ashanti Region, earlier this week.

About seven persons were also injured and have been sent to the hospital for treatment.

The incident started an inferno that razed a number of homes and properties in the area, rendering residents homeless as a result.

A similar situation in February this year also led to the deaths of two persons in Wa in the Upper West Region.

 

Related Posts

Local Economy

Ghana Airports Company (GACL) Earns Top Honor as ‘Most Profitable’ State-Owned Enterprise at PELT Awards 2022

bycitibusinessnews

Ghana Airports Company Limited (GACL) has earned the prestigious title of "Most Profitable State-Owned Enterprise" for the year 2022 at...

Read more

IMF: Ghana has fulfilled obligations, awaiting creditor action on debt restructuring

IMF, World Bank work to accelerate debt treatment for Ghana, others under G20

Zambia advises Ghana to have restrictive laws on debt accumulation 

Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

2024 budget: Government commits to more expenditure cuts, aggressive growth, jobs

Customer Service Week: Pan-African Savings and Loans provides medical services to clients

Former Capital Bank CEO Ato Essien jailed 15 years

Next Post

Gold production output expected to rebound by 16% in 2021

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.