Ghana’s petroleum downstream regulator, National Petroleum Authority (NPA), has issued a warning notice to 45 Oil Marketing Companies (OMCs) that are indebted to Primary Distribution Margin Fund.
The Authority gave the companies up to 30th September 2022 to settle their indebtedness or have their shareholders’ and directors’ names published.
Energynewsafrica.com understands the companies owe the state about Gh¢68 million.
It is not known how many years the companies have owed the Primary Distribution Margin Fund, which is one of the tax components on petroleum products.
It is charged on every litre of petrol and diesel and it’s collected by the Oil Marketing Companies (OMCs).
It is used to offset cost incurred in moving petroleum products from the coastal depots to the in land depots.
In a notice issued by the NPA on Monday, it said the authority would be compelled to use all lawful means to retrieve the monies owed if they failed to settle their indebtedness.
Among the 45 companies mentioned in the NPA statement are Apex Petroleum Ghana Limited, Santol Energy Limited, Hak Oil, Life Petroleum Company Limited, Rich Oil Company Limited, Petro Afrique Ghana Limited, and Champion Oil Company Limited.
Below is the full list of defaulting OMCs
- Apex Petroleum Ghana Limited
- Avos Oil Company Limited
- Bisvel Petroleum Services
- Black Rock Energy Limited
- Capstone Oil Limited
- Champion Oil Company Limited
- Deep Petroleum Limited
- Deliman & Co Limited
- G& G Oil Limited
- Glee Oil Limited
- Golden Petroleum Limited
- Hak Oil
- Havilah Oil Ghana Limited
- Hossana Oil Company Limited
- Humano Energy Limited
- Jas Petroleum Limited
- Karela Oil And Gas Limited
- Life Petroleum Company Limited
- Lillygold Energy Resources Limited
20 Maiga & Hhm Company Limited
- Mba Global Petroleum Limited
- Mm Energy Limited
- Nuru Oil Company Limited
- Orient Energy Limited
- Oval Energy Company Limited
- P&0 Energy Company Limited
- Perfect Petroleum Company Limited
- Peta Energy Limited
- Petro Afrique Ghana Limited
- Q8 Oil (Gh) Company Limited
- Rich Oil Company Limited
- Rodo Oil Limited
- Royal Roses Oil Company Limited
- Safety Petroleum Limited
- Santol Energy Limited
- Sawiz Petroleum Company Limited
- Sephem Oil Company Limited
- Sky Petroleum Limited
- Spirits Petroleum Limited
- Titan Petroleum Limited
- Union Oil Ghana Limited
- Unique Oil Company Limited
- Universal Oil Company Limited
- Warren Oil Company Limited
- Zoe Petroleum Limited
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