A Tanzanian delegation was in the country to understudy the operations of the National Petroleum Authority (NPA) in the petroleum downstream sector.
The five-day visit by officials from the Tanzanian Ministry of Energy and the fuel agency was focused on NPA"s effective regulation and administration of the petroleum downstream, which according to them, proved to be convenient, cost-effective and worth emulating.
They were in Ghana from Monday, March 18, 2024, to Friday, March 22, 2024, and were received by the Chief Executive of the NPA, Dr. Mustapha Abdul-Hamid, who welcomed them at an opening session held on Monday at the NPA.
In attendance were the Deputy Chief Executive, Perry Okudzeto, Directors, Heads of Department and some staff of the Authority.
In his welcome remarks, the Chief Executive expressed excitement to host the delegation and assured them that the NPA was more than willing and ready to share the NPA experience with them.
Particularly he stated in respect of how the Authority is administering the Unified Petroleum Price Fund (UPPF), which is a key area of interest to the Tanzanians.
He added that the Authority had put everything in place to make their five-day visit including the scheduled field tours, worthwhile.
On his part, the Head of the delegation, Msafiri Mtepe of the Energy and Water Utilities Regulatory Authority, Tanzania, commended the Authority for the warm reception.
He expressed optimism that they would, indeed, have the best learning experience on the Ghanaian model of petroleum regulation, which he said, has become the envy of many countries in Africa and beyond.
He stated that the primary objective of their study visit was to appreciate the successful implementation of Ghana’s Unified Petroleum Price Scheme and other pricing mechanisms instituted in Ghana.
In the course of their stay in Ghana and with the NPA, many formal engagements and sessions were held with technical persons at the Authority focusing on a wide range of subjects on relevant aspects of Ghana’s petroleum value chain.
There were presentations on various subjects including Ghana’s pricing policy objectives, the Unified Petroleum Price Fund (UPPF), legal framework for petroleum regulation among others.
The delegation, whilst in Ghana, visited the Ministry of Energy where they were taken through Ghana’s petroleum downstream policies.
They were received by the Chief Director, Mrs. Wilhelmina Asamoah, on behalf of the Minister of Energy.
The delegation also embarked on field visitations to the BOST terminals in Tema and Akosombo to acquaint themselves with some of the practical operations of NPA and other key actors in Ghana’s petroleum downstream.
Latest Stories
-
Samsung’s AI-powered innovations honored by Consumer Technology Association
14 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
32 mins -
Town council in Canada at standstill over refusal to take King’s oath
43 mins -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
55 mins -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
1 hour -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
2 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
2 hours -
How Kenya’s evangelical president has fallen out with churches
2 hours -
‘Restoring forests or ravaging Ghana’s green heritage?’ – Coalition questions Akufo-Addo’s COP 29 claims
3 hours -
Ensuring peaceful elections: A call for justice and fairness in Ghana
4 hours -
Inside South Africa’s ‘ruthless’ gang-controlled gold mines
4 hours -
Give direct access to Global Health Fund – Civil Society calls allocations
4 hours -
Trudeau plays Santa with seasonal tax break
4 hours