Tag: contaminated fuel
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Contaminated fuel: Committee to advice on way forward – Boakye Agyarko
The Energy Minister, Boakye Agyarko has indicated that the eight member committee tasked to look into the alleged sale of 5 million litres of contaminated fuel to Movenpiina, would now offer advice to the Minister on how to avert the possible sale of contaminated or off-spec products. According to him, the mandate also comes after…
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BOST contaminated fuel saga: The NPA’s key findings
The National Petroleum Authority (NPA) confirmed that the two companies alleged to have purchased the over 5 million litres of contaminated fuel under suspicious circumstances from the Bulk Oil Storage and Transportation (BOST) Company were not licensed. According to the NPA, it will take legal action against the firms, whiles it conducts further investigation to determine…
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BOST defends sale of ‘contaminated’ fuel to oil company
The Bulk Oil Storage and Transportation Company (BOST) has defended its decision to sell off contaminated or off-spec product to oil company, Movenpiina. Documents sighted by Citi Business News indicate that BOST has agreed to sell 5 million litres of the product to the company at a cost of 1 cedi per litre. This is…
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Ghana to lose GH¢7 million over sale of contaminated fuel
Ghana is likely to lose about 7 million cedis in revenue following attempts by the Bulk Oil Storage and Transportation Company Limited (BOST) to sell contaminated fuel to some oil marketing companies. Documents sighted by Citi Business News indicate that BOST has agreed to sell about 5 million litres of contaminated fuel to Movenpinna Energy.…