Tag: CBOD
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Ghana loses GH¢490 m to illegal imports – BDCs
The Chamber of Bulk Oil Distributors (CBOD) has made a strong case for the government to clamp down on all importers of illegal products into the market if it is to provide fair competition in the industry. The Chamber argues that the perpetuation of the act led to a revenue loss of about 490 million…
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OMCs reduce prices to reflect tax cuts
Citi Business News’ checks at fuel stations have revealed that major Oil Marketing Companies (OMCs) have reduced the prices of their products for the second consecutive time this month; March. The reduction is in line with the recent tax cuts announced by the government in the 2017 budget. The OMCs earlier in the second pricing…
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CBOD demands swift commitment in providing quality diesel
The Chamber of Bulk Oil Distributors (CBOD), wants government to expedite processes of providing funding for the Tema Oil Refinery (TOR) to meet the new sulphur specification content for imported diesel. It comes on the back of an ambitious plan by the ECOWAS member states to review the sulphur specification content for all refineries in…