Ghana’s strategic oil company, Bulk Oil Storage and Transportation (BOST) Company Limited has commenced repair works on its Buipe-Bolga pipelines.
The 270km pipeline, which was used to transport fuel to the northern part of the West Africa nation, as well as neighbouring Burkina Faso, had been out of use for many years because of its poor state.
The company had been struggling to repair the pipeline due to lack of funds.
However, sources within BOST indicate that repair works on the Buipe-Bolga pipeline commenced this week.
A video sighted by energynewsafrica.com, shows engineers and personnel from the Ghana National Fire Service working on the pipeline.
The Government of Ghana, on June 1, this year, announced a GHp3 increment in BOST Margin and by this, the company expects to generate about GHC10 million monthly.
Managing Director of BOST, Edwin Provencal, has expressed his commitment to ensuring that the company is run efficiently to become a dividend paying entity.
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