7 Oct 2016

KINGSLEY IGWE

Ghana To Begin Fuel Exports Into Nigeria

Map of Ghana

Ghana has started exporting fuel and gas oil to the landlocked countries of West Africa.The state-owned Bulk Oil Storage and Transportation Company (BOST) Limited, is also supplying petroleum products from the same depot to Benin Republic and Nigeria.Ghana’s Minister of Petroleum, Mr Emmanuel Armah-Kofi Buah, who made this known at the meet-the-press series in Accra, said there were plans to extend the exports to Liberia in the coming months.The minister said the vision of the government was to make Ghana the hubfor the distribution of petroleum products in the West African sub-region.The Bolgatanga Petroleum Depot, with acapacity of 46 million litres of refined gasoline and gas oil, was re-inauguratedin August 2015.Buah said Ghana had been ushered into a new gas era that would guarantee its energy security for the next two decades.“Despite the global downturn in the oil industry, we have managed to increase production.Buah said Ghana’s strategic stock was at an all-time high, with about one million metric tonnes of petroleum products IMPORTED from January to June 2016.Ghanna is planing to become the major marketer of refined petroleum product inWest Africa and we here in Nigeria are the giant of Africa with Nothing to show for it.Imagine Ghana achieving this feet with IMPORTED petroleum product and I wonder what is wrong with Nigeria.before you export anything out of a country that means you have enough to give out. We have more than four refineries in Nigeria and we can't even produce enough product for our daily consumption. Today Ghana has started dumping refined product on us and I congratulate them while I am here shaking my head for Nigeria with full annoyancewhat I Dont understand is where did we get it wrong as a country

KINGSLEY IGWE

About KINGSLEY IGWE -

I've even gone so far as to verbalize it specifically, time is too precious to waste on trivial arguments and negativities. I'd rather get on to the more fun and rewarding stuff right away!

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