Ghana’s petroleum downstream industry has witnessed a significant shift, with competition among oil marketing companies (OMCs) in Ghana becoming increasingly keen.
OMCs that previously recorded low sales volumes have gained ground, challenging some of the larger players.
For many years, Ghana Oil Company Limited, GOIL PLC, was the market leader followed by Shell and TotalEnergies.
However, few years down the line, this has changed, with Star Oil, an indigenous player, becoming the leader in terms of volumes of sales of petrol and diesel.
Star Oil is followed by GOIL PLC, Shell (Vivo Energy) and TotalEnergies.
Data sources from the National Petroleum Authority (NPA), regulator for the petroleum downstream, shows that the top ten OMCs in Ghana now, based on sale volumes, are Star Oil, GOIL PLC, Shell, TotalEnergies, Zen Petroleum, and Yass Petroleum.
The rest are Benab, Dukes, Desert and Petrosol Platinum Energy Limited.
Checks by this portal revealed that there are about 197 OMCs in the West African nation.
For the first half of the year 2025, the combined volumes of petrol and diesel sales of the top ten companies hit over 1.67 billion litres.
Star Oil’s volumes for diesel and petrol for the first half of the year stood at 399,491,400 litres,
GOIL PLC – 327,264,000 litres, Shell – 249,148,700 litres, TotalEnergies – 181,570,500 litres, Zen Petroleum – 104,951,000 litres, Yass Petroleum – 103, 313,000 litres, Benab – 92,637,000 litres, Dukes – 86,920,000 litres, Desert – 69,819,900 litres and Petrosol Platinum Energy – 56,551,000 litres.
Source: https://energynewsafrica.com
Discover more from Energy News Africa
Subscribe to get the latest posts sent to your email.