National Petroleum Authority outdoors premix retail outlet

The National Petroleum Authority (NPA) in collaboration with the Ghana Oil Company Limited (GOIL) has outdoored a standard premix retail outlet at Winneba in the Central Region.

The Winneba Outlet is the sixth of its kind, to be commissioned by the the NPA. The other five have been sited at beach landing sites in the Greater Accra and Volta regions.

Mr John Peter Amewu, the Minister of Energy, who was the Guest Speaker, said the retail outlet would bring convenience to the fisher-folks who hitherto had challenges accessing premix fuel.

It would also lighten their trading financial burden trade and enable them to access fuel directly from the outlet without any middlemen.

The Minister said this would discourage the practice of diversion and ensure an efficient and equitable distribution of premix fuel to fisher folks and also reverse the perennial challenge of shortages.

Mr Amewu, however, said the subsidy on premix fuel was now 63% of the full price, up from the 43% in January 2017.

The Government from 2017 to May 2019, had spent GHS373.9 million to cushion fishermen.

"A total of GH¢137.5 million was spent in 2017, while GH¢160.8 million was spent in 2018," the Minister said.

"This amount is projected to rise to about GH¢206 million in 2019.

"A total of GH¢134,604,110 million has been accumulated from January -September 2019".

Mr Alhassan S. Tampuli, the CEO of the NPA, said the construction of the premix retail outlets demonstrated their commitment to improving standards and safety in the petroleum downstream industry.The facility follows the first prototype premix retail outlet constructed by the NPA in 2013 at Brawire, near Axim.The menace of diversion and hoarding associated with premix fuel distribution had reduced, he said, adding that, the fuel was now adequately available to fisher folks at affordable prices."The drastic reduction is attributed to programmes and policies rolled out by the NPA in collaboration with National Premix Fuel Secretariat to monitor the distribution of premix fuel to ensure that the subsidised premix fuel gets to the fisher folks," he said.Mr Osei-Kwame Prempeh, Group CEO of GOIL, said he was happy that the NPA nominated the state-owned Oil Marketing Company, GOIL, to spearhead the construction and operation of the outlets."It is our expectation that these retail outlets will serve the purpose for which they were constructed to ensure safe distribution and handling of premix at the respective landing beaches," he said.He advised the fishermen to employ in safety practices when […]

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National Petroleum Authority outdoors premix retail outlet

The National Petroleum Authority (NPA) in collaboration with the Ghana Oil Company Limited (GOIL) has outdoored a standard premix retail outlet at Winneba in the Central Region.

The Winneba Outlet is the sixth of its kind, to be commissioned by the NPA. The other five have been sited at beach landing sites in the Greater Accra and Volta regions.

The Energy Minister, John Peter Amewu who was the Guest Speaker, said the retail outlet would bring convenience to the fisher-folks who hitherto had challenges accessing premix fuel.

It would also lighten their trading financial burden trade and enable them to access fuel directly from the outlet without any middlemen.

The Minister said this would discourage the practice of diversion and ensure efficient and equitable distribution of premix fuel to fisher folks and also reverse the perennial challenge of shortages.

Mr Amewu, however, said the subsidy on premix fuel was now 63% of the full price, up from 43% in January 2017.

The Government from 2017 to May 2019, had spent GHS373.9 million to cushion fishermen.

“A total of GH¢137.5 million was spent in 2017, while GH¢160.8 million was spent in 2018. This amount is projected to rise to about GH¢206 million in 2019. A total of GH¢134,604,110 million has been accumulated from January -September 2019,” the Minister said.

The CEO of the NPA, Mr Alhassan S. Tampuli said the construction of the premix retail outlets demonstrated their commitment to improving standards and safety in the petroleum downstream industry.

The facility follows the first prototype premix retail outlet constructed by the NPA in 2013 at Brawire, near Axim.

The menace of diversion and hoarding associated with premix fuel distribution had reduced, he said, adding that, the fuel was now adequately available to fisher folks at affordable prices.“The drastic reduction is attributed to programmes and policies rolled out by the NPA in collaboration with National Premix Fuel Secretariat to monitor the distribution of premix fuel to ensure that the subsidised premix fuel gets to the fisherfolks,” he said.Mr Osei-Kwame Prempeh, Group CEO of GOIL, said he was happy that the NPA nominated the state-owned Oil Marketing Company, GOIL, to spearhead the construction and operation of the outlets.“It is our expectation that these retail outlets will serve the purpose for which they were constructed to ensure safe distribution and handling of premix at the respective landing beaches,” he said.He advised the fishermen to employ in safety practices when dealing with the fuel.GOIL, […]

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National Petroleum Authority outdoors premix retail outlet

The National Petroleum Authority (NPA) in collaboration with the Ghana Oil Company Limited (GOIL) has outdoored a standard premix retail outlet at Winneba in the Central Region.

The Winneba Outlet is the sixth of its kind, to be commissioned by the the NPA. The other five have been sited at beach landing sites in the Greater Accra and Volta regions.

Mr John Peter Amewu, the Minister of Energy, who was the Guest Speaker, said the retail outlet would bring convenience to the fisher-folks who hitherto had challenges accessing premix fuel.

It would also lighten their trading financial burden trade and enable them to access fuel directly from the outlet without any middlemen.

The Minister said this would discourage the practice of diversion and ensure an efficient and equitable distribution of premix fuel to fisher folks and also reverse the perennial challenge of shortages.

Mr Amewu, however, said the subsidy on premix fuel was now 63% of the full price, up from the 43% in January 2017.

The Government from 2017 to May 2019, had spent GHS373.9 million to cushion fishermen.

"A total of GH¢137.5 million was spent in 2017, while GH¢160.8 million was spent in 2018," the Minister said.

"This amount is projected to rise to about GH¢206 million in 2019.

"A total of GH¢134,604,110 million has been accumulated from January -September 2019".

Mr Alhassan S. Tampuli, the CEO of the NPA, said the construction of the premix retail outlets demonstrated their commitment to improving standards and safety in the petroleum downstream industry.The facility follows the first prototype premix retail outlet constructed by the NPA in 2013 at Brawire, near Axim.The menace of diversion and hoarding associated with premix fuel distribution had reduced, he said, adding that, the fuel was now adequately available to fisher folks at affordable prices."The drastic reduction is attributed to programmes and policies rolled out by the NPA in collaboration with National Premix Fuel Secretariat to monitor the distribution of premix fuel to ensure that the subsidised premix fuel gets to the fisher folks," he said.Mr Osei-Kwame Prempeh, Group CEO of GOIL, said he was happy that the NPA nominated the state-owned Oil Marketing Company, GOIL, to spearhead the construction and operation of the outlets."It is our expectation that these retail outlets will serve the purpose for which they were constructed to ensure safe distribution and handling of premix at the respective landing beaches," he said.He advised the fishermen to employ in safety practices when […]

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