NPA moves to clamp down on Oil Smugglers

407 total views, 1 views today

The Chief Executive Officer of the National Petroleum Authority (NPA), Alhassan Tampuli, has disclosed some stringent measures being undertaken by the Authority to clamp down on people who smuggle petroleum products out of the country.
This measures, he indicated, has made
the Authority to reduce the high recorded petroleum failure rates from 6.2 percent and 4.9percent in the year 2016 and 2017 respectively to a lower rate of 1.0 percent in July this year.
“However, as a result of the smuggling of petroleum products and dumping of the products meant for export into the market in recent years, petroleum products recorded high failure rates in the year 2016 and 2017 respectively but was reduced through stringent intervention,” he noted.
The Chief Executive was speaking at a
stakeholders engagement held at the NPA premises to dialogue on issues essential to the growth of petroleum industry.
According to the Chief Executive, the Authority will continue to secure the borders to ensure that smugglled petroleum products do not enter the country but only through the ports and other approved security zones.
“What we have realized is that petroleum products are loaded from neighboring countries like Togo and Mali  through the borders of the northern part of Ghana then into the country which we are working to put a stop to it,” he indicated.
Alhassan Tampuli claimed the
price of petroleum products in the country is the lowest when compared with other countries in the West African subregion apart from Nigeria that receives heavy subsidy from their government. Also, the quality of the petroleum products is the cleanest among all the other poducts in terms of level of sulphur.
On the Cylinder recirculation module, he said, the Authority in collaboration with Oil Marketing Companies (OMCs) and other stakeholder agencies are working to enhance the capacity of service operators of petroleum products including the tanker drivers and their mates.
“The Authority has also strengthened it’s capacity to intensify monitoring and inspection mechanisms to ensure that the safety standards at the various stations are rigorously enforced in order to reduce unforeseen or unrelated accidents,” he stated.
He indicated that the Authority has developed a new proposal for the Bulk Distribution Companies (BDCs) to enable  them acquire licenses to operate in the selling and marketing of the petroleum products according to the license issued by the regulator.
“This is to ensure that the financially distressed BDCs would remain in business to honour their financial obligations to the state and the banking industry and to insist the BDCs meet their licencing requirements” he added.

Source: Nii Aflah Sackey

Ghana News Online

The primary function of is to gather, process and distribute news about Ghana and Africa to the World. To serve as a News Agency with the mandate to present complete, in-depth objective and impartial information, news, and features rooted in investigative journalism.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

Powered by