CBOD applauds Energy Minister, NPA CEO for addressing concerns on downstream petroleum policy

The Ghana Chamber of Bulk Oil Distributors (CBOD) has extended its appreciation to the Minister of Energy Mr. Matthew Opoku Prempeh and the Chief Executive Officer (CEO) of the National Petroleum Authority (NPA) Dr. Mustapha Hamid for addressing concerns raised in relation to the downstream petroleum local content policy.

In a press release from CBOD, it bemoans the unfortunate leakage of its petition to the Minister of Energy and the NPA on issues relating to the enforcement of the policy.

Putting the leakage behind it on the back of the positive engagement with the NPA and the Energy Ministry, CBOD notes that it is pleased with the feedback from both institutions.

“We wish to bring to the notice of the public that since our petition we have been duly engaged by the NPA and Ministry of Energy who identify with our concerns and have commenced steps to remedy and address the issues raised.

“We are impressed by the alacrity and zeal with which the Minister of Energy, the NPA CEO and Board have moved to address our concerns and protect the Ghanaian downstream for Ghanaians,” part of the CBOD release signed by its CEO Senyo Hosi has said.

It adds, “We are grateful to the Minister, Hon Matthew Opoku Prempeh, the NPA Board Chairman, Mr. Joe Addo-Yobo, and the NPA CEO, Dr. Mustapha Hamid for the openness with which they continue to engage with us to address issues of concern to the industry.”

CBOD assures that it remains committed to partnering government in the deepening Ghanaian participation and content to develop local skills, provide jobs and drive the overall economic well-being of Ghana.

Read the full statement from CBOD below:

PRESS STATEMENT

The Ghana Chamber of Bulk Oil Distributors (CBOD) has taken note of the unfortunate leakage of our petition to the Minister of Energy and the National Petroleum Authority (NPA) on issues relating to the enforcement of the downstream petroleum local content policy.

We wish to bring to the notice of the public that since our petition we have been duly engaged by the NPA and Ministry of Energy who identify with our concerns and have commenced steps to remedy and address the issues raised.

We are impressed by the alacrity and zeal with which the Minister of Energy, the NPA CEO and Board have moved to address our concerns and protect the Ghanaian downstream for Ghanaians.

We are grateful to the Minister, Hon Matthew Opoku Prempeh, the NPA Board Chairman, Mr. Joe Addo-Yobo and the NPA CEO, Dr. Mustapha Hamid for the openness with which they continue to engage with us to address issues of concern to the industry.

We remain committed to partnering Government in the deepening of Ghanaian participation and content to develop Ghanaian skills, provide jobs and drive the overall economic well-being of Ghana.

Signed.

Senyo K. Hosi

(CEO)