Ghana: Fuel Export To Sahel Region Soars By 23% In 2023

Ghana’s crude oil and refined petroleum product imports rose to 5,145,000 metric tonnes in 2023 from 4,199,000 metric tonnes in 2022, data by the Chamber of Bulk Oil Distribution Companies has revealed.

This represents a significant 23% increment of the 2022 imports figure.

Specifically, crude oil import accounted for 424,773 metric tonnes, representing 8%, while refined petroleum accounted for 4,720,227 metric tonnes, representing 92% of the total imports.

In view of the increase in import, export of petroleum products from Ghana to Sahel countries also rose to 314,234 metric tonnes in 2023, representing 8% rise from the 2022 figure.

The export products comprise 180,641 metric tonnes of gasoline, 67,186 metric tonnes of LPG, 65,112 metric tonnes of gasoil and 1,262 metric tonnes of ATK.

Per the destination of the products, Burkina Faso accounts for 97.7% while Mali, Niger and Togo account for 2.3%.

Sonabhly, a Burkinabe BDC, transited 97% of the total product to Burkina Faso, while Ghanaian-owned BDCs exported the remaining 3%.

In terms of volumes, Sonabhly transited 180,674 metric tonnes of gasoline, 61,419 metric tonnes of gasoil, 62,737 metric tonnes of LPG, while Fueltrade exported 380 metric tonnes of gasoil and 3,368 metric tonnes of LPG.

State-owned Bulk Energy Storage and Transportation Company Limited, formerly BOST, exported 1,830 metric tonnes of gasoil.

Go Energy, a subsidiary of GOIL PLC, exported 456 metric tonnes of gasoil, while Sage and Juwel Energy exported 1,081 metric tonnes of ATK and 1,027 metric tonnes of gasoil respectively.

Source: https://energynewsafrica.com