https://www.myjoyonline.com/gold-for-oil-policy-government-receives-another-40k-tonnes/-------https://www.myjoyonline.com/gold-for-oil-policy-government-receives-another-40k-tonnes/
National | Newsletter

Gold for Oil policy: Government receives another 40k tonnes

Government has received the second consignment of fuel under the Gold for Oil policy, the Bulk Oil Storage and Transport Company (BOST) CEO has confirmed.

He said 40,000 metric tonnes of oil arrived at the Tema port on Sunday, February 19. 

With this, the government has currently received a total of 80,000 tonnes of oil under the policy. 

The BOST CEO said it is expecting 152,000 tonnes of petroleum products by the end of this month. 

Addressing the press last week, Mr Provencal revealed that Ghana will take delivery of four separate gasoline cargoes by the end of February.

The shipments will total 155,000 tonnes of fuel in addition to the first consignment of 40,000 tons of oil under the deal.

“The next shipment will arrive on Sunday [February 19th]. It’s 35,000 tons of gasoline. 

The following week, another 40,000 tons will arrive, followed by another 40,000 tons that same week, and then another 40,000 tons in the last week of February. So, God willing, there will be four by the end of February,” he said.

Meanwhile, the Energy Minister, Dr Matthew Opoku Prempeh has assured that his ministry will keenly monitor every step in the Gold for Oil programme value chain. 

According to him, this will start from the ship that brings the oil, through delivery to the BDCs, to the OMCs and to the pumps.

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