Ghana: GOIL Reclaims Its Position As Market Leader In Petroleum Product Distribution

GOIL PLC has reclaimed its position as the leading and largest Oil Marketing Company (OMC) in terms of petroleum product sales and assets in the Republic of Ghana, after losing it a few years ago to Star Oil Ghana, another indigenous petroleum downstream player.

Data from the National Petroleum Authority (NPA), the regulator of the petroleum downstream sector, shows that total product sales by GOIL PLC for January and February 2026 surpassed those of Star Oil Ghana, marking the end of Star Oil’s recent dominance.

Vivo Energy Ghana Limited, distributors and marketers of Shell’s products, ranked third, followed by Zen Petroleum, another indigenous OMC, with TotalEnergies ranking fifth.

According to data on the NPA website, GOIL sold 81,742,500 litres of petrol, 57,040,500 litres of diesel, 2,659,270 kilograms of LPG, and 16,730,894 litres of other petroleum products in January and February. This brought its total sales volume to 158,173,164 litres, representing an 11.93% market share.

Star Oil Ghana sold 94,041,000 litres of petrol, 59,930,000 litres of diesel, and 1,766,710 kilograms of LPG, bringing its total sales volume to 155,737,710 litres, representing an 11.74% market share. Notably, Star Oil recorded the highest sales volumes for both petrol and diesel during the period.

Vivo Energy Ghana Limited sold 42,846,600 litres of petrol, 39,422,300 litres of diesel, and 10,277,200 litres of other petroleum products, bringing its total to 92,546,100 litres and a 6.98% market share.

Zen Petroleum sold 18,415,000 litres of petrol, 15,029,000 litres of diesel, and 36,815,000 kilograms of LPG, bringing its total to 70,259,000 litres and a 5.30% market share.

TotalEnergies sold 27,063,000 litres of petrol, 26,802,000 litres of diesel, and 884,130 kilograms of LPG, bringing its total to 53,749,130 litres and a 4.13% market share.

In terms of retail network size, GOIL operates over 400 stations, while Star Oil Ghana, Vivo Energy, and TotalEnergies each operate over 250 stations. Zen Petroleum operates more than 60 stations.

Overall, Ghana has more than 180 Oil Marketing Companies, with over 5,000 filling stations nationwide.

Commenting on the development, Edward Abambire Bawa, Group CEO and Managing Director, celebrated the achievement and praised the hardworking staff of the company for their contribution to the success.

He also commended the marketing team, staff, dealers, and forecourt personnel for their commitment, resilience, and execution, noting that they have been truly instrumental.

He further extended heartfelt appreciation to GOIL’s loyal customers and stakeholders, stating that their trust continues to power the company’s success.

“Let us not relent. This milestone is only a foundation. Together, we must push even harder to consolidate our lead and set even higher standards for ourselves and the industry. Keep delivering excellence,” he concluded.