Tag: Bulk Oil Storage and Transportation Company
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BOST to take delivery of pipelines from US after 12-year delay
After a twelve-year delay, Ghana through the Bulk Oil Storage and Transportation Company Limited (BOST) will take delivery of some pipelines from the United States of America. The equipment cost the country a total of $63 million dollars, but an additional $8 million has already been used to repair some of the yet-to-be shipped pipelines…
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BOST clears 12-year old GH¢64 million GCB Bank debt
The Management of the Bulk Oil Storage and Transportation Company, BOST, is confident its agenda to turn around the fortunes of the loss-making entity is on course following its ability to fully settle a 12-year old credit facility contracted from GCB Bank. The loan sourced from GCB in 2008 has been in arrears and attracted…
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GHS194,000 worth of fuel lost in tanker fire near Buipe depot – BOST
The Bulk Oil Storage and Transportation Company Limited (BOST) has estimated the value of product lost in a fire incident that occurred near its Buipe Depot at GHS194,760.00. Initial reports suggested that three fuel tankers were consumed by fire at the truck park of BOST’s Buipe Depot in the Northern region on Friday evening, January…
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Government’s Gh¢1.32 billion owed GNPC needs urgent attention — Parliament
A report by the Finance Committee of Parliament has revealed that state-owned entities (SOEs) have defaulted in paying some GH¢1.32 billion owed the Ghana National Petroleum Corporation (GNPC) — an act which the committee warns would negatively impact on the company’s operations. The Committee in its assessment of the 2018 PIAC Semi-Annual Report on the…