The Bulk Energy Storage and Transportation Company Limited (BOST) is set to complete Phase 1 of its Accra Plains and Kumasi depots upgrade, a milestone aimed at creating a more resilient oil supply chain in Ghana, according to Managing Director Dr. Edwin Alfred Provencal.
“This upgrade is not just about improving our infrastructure but about setting a new standard for operational excellence across our sector,” Dr Provencal stated during the Minister’s Press Briefing in Accra on Wednesday, November 6.
He highlighted that these enhancements are pivotal for BOST’s vision of strengthening Ghana’s fuel infrastructure, with a focus on achieving greater operational efficiency.
“We believe this will enhance our capacity to meet Ghana’s fuel demands efficiently and sustainably,” he added.
The project also signals a strategic shift for BOST, as it broadens its scope from traditional oil storage and transportation to a more diversified energy model that includes sustainable sources like solar energy and Compressed Natural Gas (CNG).
“This shift aligns with BOST’s rebranding from Bulk Oil Storage and Transportation to Bulk Energy Storage and Transportation,” Dr Provencal explained.
Upon completion of Phase 1, inter-depot loading times are expected to drop from four hours to just one hour and 30 minutes, with barge loading times reduced from seven days to a single day.
Dr. Provencal stated that these advancements will improve service delivery, enhance customer satisfaction, and solidify BOST’s reputation as one of Ghana’s leading state-owned enterprises.
Latest Stories
-
The Thomas Partey Tournament: Empowering Ghana’s Youth through football
6 mins -
Nana Akomea calls for public inquiry into ‘expired rice’ saga
25 mins -
Maintain Otto Addo despite AFCON 2025 no-show – Nana Akomea advises GFA
27 mins -
GFA issues apology to Ghanaians for Black Stars failure to qualify for AFCON 2025
45 mins -
Nautyca releases new single ‘Nalani’
54 mins -
Ablakwa slams Chief of Staff for ‘whitewashing’ ‘expired rice’ for SHS scandal
60 mins -
Regulators of financial institutions urged to develop policy framework for climate financing
2 hours -
Akufo-Addo: New BoG HQ to enhance reform capacity and investment climate
2 hours -
DRIP initiative improves over 80km of roads in Greater Accra, says RCC
2 hours -
Akufo-Addo to commission over 80 educational projects today
2 hours -
Police to set up Election Task Force Briefing Centre for 2024 polls
2 hours -
AFCON 2025: GFA to apologise to Ghanaians for Black Stars failure
2 hours -
Justice Yonny Kulendi urges Accra Business School graduates to lead with integrity
2 hours -
Ghanaians confident in Mahama’s leadership – Joyce Bawah
2 hours -
GFA to decide Otto Addo’s future next week Wednesday
3 hours