Tag: Chamber of Bulk Oil Distributors (CBOD)
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CBOD laments adverse impact of gold for oil policy on bulk oil distributors
Dr. Patrick Kwaku Ofori, the CEO of the Ghana Chamber of Bulk Oil Distributors, has expressed concerns about the government’s gold for oil policy, which he believes has put bulk oil distributors in a difficult position, competing directly against the government. This policy was implemented as a strategic move by the government to address the…
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Fix deplorable roads around petroleum management and storage area in Tema – CBOD
The Ghana Chamber of Bulk Oil Distributors (CBOD) is calling on government to urgently rehabilitate and properly maintain the road network in and around the petroleum storage management industrial area in Tema. The main road to the area is a 7.2-kilometre single carriageway, which is meant to facilitate service delivery by industry giants like the…
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Fuel monitoring system laudable but not enough to end smuggling – Senyo Hosi
The Chamber of Bulk Oil Distributors, CBOD, has commended the government for launching the National Retail Outlet Fuel Monitoring System. The system is aimed at helping government reduce revenue losses within the petroleum downstream sector. CBOD had in a recent report stated that GH₵1.9 billion was lost through petroleum tax evasion in 2019. Speaking to…
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Chamber of Bulk Oil Distributors work to increase fuel supply to Mali, other landlocked countries
The Chamber of Bulk Oil Distributors, CBOD, says it is ready to take the necessary steps to significantly increase Ghana’s share of the supply market for petroleum products, to landlocked countries in the West African sub-region to 50 % in the short-term. Currently, landlocked countries such as Mali and Burkina Faso are getting a majority…