A middle-aged man climbed a transmission tower of the Ghana Grid Company Limited (GRIDCo) which passes through Galilea, a suburb of Kasoa, Central Region, and committed suicide.
It is unclear why the man decided to climb the tower but eyewitness accounts suggested he was protesting the economic hardships in the West African nation.
In a viral video sighted by energynewsafrica.com, the man was seen quickly climbing the high-tension pole as bystanders made many pleas in attempts to get him down.
Also in the video, a vehicle of the Ghana Police Service could be seen, creating the impression that the police officers were at the scene to persuade him to get off the pole before he endangered his life even more.
In the video, an onlooker, with a Nigerian accent, was also heard running commentary in the background, saying that a Ghanaian man had climbed the pole because of the hardships in the country.
“The police are around to rescue this Ghana man who says he is tired of life. They should let him get to the top,” the man said in pidgin English.
Watch the incident below:https://fb.watch/g9RlzBJGEI/
Fuel consumers should be bracing themselves to pay more for the commodity during the second pricing window which begins on 16th October 2022.
A litre of petrol and diesel currently sells at Gh¢11.10 and Gh¢13.99 respectively.
However, the Chamber of Petroleum Consumers (COPEC), a consumer advocacy group, is projecting over a 10 per cent increase in pump prices for both petrol and diesel in the second pricing window.
In a statement signed by the Executive Secretary of COPEC, Mr. Duncan Amoah, he said: “From observed figures within the downstream industry and forex movements, COPEC anticipates an average price escalation of about 10.12% for both petrol and diesel based on the increase in the price of crude oil on the international market and the depreciation of the cedi.
“Between the current window and the next window due, 16th October 2022, crude oil price is observed to see an increase of 3.66% from $89.46 to $92.73 per barrel, whilst the Dollar index has further gone up by about 4.08% from GHS10.21 to GHS10.627 per dollar as per government rate, (Conservative figures) though actual market rates are quite higher currently.”
As of Saturday morning, Brent was trading at $91.63 per barrel while WTI was trading at $85.61
For the exchange rate, US$1 is being exchanged for Gh¢12.05
Fuel statement
CHAMBER OF PETROLEUM CONSUMERS
ACCRA
14/10/2022
FUEL PRICES TO GO UP FURTHER BY 10% FROM 16TH OCTOBER
The upcoming second fuel pricing window of October 2022 which commences on Sunday, 16/10/2022, fuel prices across pumps within the country are projected to see an increase of average 10% for both petrol and diesel.
From observed figures within the downstream industry, and forex movements, COPEC anticipates an average price escalation of about 10.12% for both petrol and diesel*_ based on the following analysis.
Between the current window and the next window due, 16 Oct 2022, Crude oil price is observed to have seen an increase of 3.66% from $89.46 to $92.73 per Barrel, whilst the Dollar index has further gone up by about 4.08% from GHS10.21 to GHS10.627 per Dollar as per Government rate (Conservative figures) though actual market rates are quite higher currently.
The corresponding international processed Petroleum prices for the next window averages as follows:
Petrol: $964.75/MT (up by 15.72%)
Diesel: $1,097.15/MT (up by 9.60%)
Internally, the projected average price of both Petrol and Diesel for the next window are expected to be GHS13.77/L, showing a price jump of 10.12% over the current Mean fuel Prices for both products across the various OMCs trading.
From observed data, Petrol, which is currently selling at an industry average of GHS11.06/L is likely to be sold at GHS12.38/L (11.88% higher) from 16 October 2022 whilst Diesel currently selling at an industry average of GHS13.95/L is likely to be sold at GHS15.16/L. (8.72% higher)
For LPG, the international price is estimated to hit $618.34/MT (up by 3.81%); the price of LPG is likely to go up by 5.04% to sell around GHS10.21/kg.
Considering no sudden jerks in Crude Oil pricing, that may lead to changes in Petrol, Diesel and LPG Prices on the International market, the Mean Ex-pump prices are expected to be within the projected figures by +/-2% as indicated below:
Petrol: GHS12.12/L to GHS12.63/L
Diesel: GHS14.86/L to GHS15.46/L
LPG: GHS10.01/kg to GHS10.41/kg
We implore on the petroleum service providers to be considerate of applying the full force of the indexes in their pricing as times are rough for everyone, we are without equivocation, mindful that, the projected figures are conservatively lower than what the actuals could be due to the continuous depreciation of the local currency.
COPEC is once again, further, admonishing the Government to do whatever it deems necessary, to ensure an urgent stabilisation of the cedi to the Dollar exchange rate in order to prevent pricing of petroleum products getting to an impending disaster as the effect of these steep increases in fuel prices cuts across all sectors of the local economy and to also further ensure some drastic reductions of some of the existing taxes and levies on Petroleum products to help ease the burden on consumers.
Source: https://energynewsafrica.com
CEO of Ghana’s petroleum downstream regulator, NPA, Dr. Mustapha Abdul-Hamid, will be leading a delegation of petroleum downstream players to Cape Town, South Africa, to participate in the second edition of Africa Energy Week scheduled from Tuesday, 18th October to Friday, 21st October, 2022.
At the AEW 2022, Dr. Abdul-Hamid will participate in high-level meetings and panel discussions to drive dialogue around boosting the oil and gas downstream industry for energy security whilst promoting investment opportunities within Ghana’s hydrocarbons sector.
Barely a year and few weeks in office as CEO of NPA, Dr. Mustapha Abdul-Hamid has proven to many Ghanaians especially petroleum consumers, that he is fit for the job as he has brought some sanity in the downstream industry by making sure that players go by the rules of the industry.
Recently, the CEO of Petrosol, one of the indigenous OMCs, hailed him for his efforts regarding the enforcement of regulations in the industry.
Dr. Abdul-Hamid will promote investment opportunities across Ghana’s downstream sector, discuss the vital role Africa’s 600 tcf of gas reserves and 125.3 billion barrels of crude oil reserves will play in diversifying the energy mix, securing energy supply and lifting the over 600 million Africans out of energy poverty whilst driving industrialisation and positioning the continent ahead of the energy transition.
With African countries optimising gas production to drive these socioeconomic benefits, Ghana is leading the race, with the country implementing a series of market-driven policy reforms, driving massive oil and gas infrastructure projects.
With the NPA overseeing these energy optimisation projects including the development of gas processing, storage, transmission and distribution, at the AEW 2022, Dr. Abdul-Hamid will provide an update on experiences and innovations from within Ghana that can be replicated continent-wide.
“The Chamber is honoured to host Dr. Mustapha Abdul-Hamid at the AEW 2022 as we expand on the discussion around how Africa can accelerate investment, as well as the exploitation of oil and gas to enhance energy security. The strengthening of Africa’s downstream industry is key to ending energy poverty and enhancing bilateral trade relations and boosting economic development in Africa.
“We are very impressed with Dr. Abdul-Hamid’s leadership at the NPA in facilitating a resilient downstream sector. This is what Africa needs to achieve energy independence and reliability,” Tomas C. Gerbasio, Strategy and Business Development Director at African Energy Chamber, said recently.
Source: https://energynewsafrica.com
Kenya’s Director of Public Prosecutions, Noordin Haji, has withdrawn an Sh400 million graft case against former Kenya Power Managing Director, Ben Chumo, and 10 others.
All the 11 accused persons were, on Wednesday, discharged under section 87 (a).
Mr. Chumo, together with Muwa Company Limited, was charged in 2018 for willful failure to comply with procurement.
Defending his innocence of the charges against him, Mr Chumo said he did not participate in the procurement process that resulted in the contract dated August 3, 2012, between Kenya Power and Muwa and wondered why charges should be preferred against him.
The DPP, on March 22, withdrew charges against Muwa Company and its directors, James Njenga Mungai, Grace Wanjira and John Anthony Mungai.
No reasons were given for the withdrawal of the charges against the three who are said to be suppliers of the alleged substandard transformers.
On April 13, 2022, Chumo moved to the High court to challenge a decision by the DPP to introduce new charges against him just as the graft case was in its last stages. Only one of the 34 witnesses was yet to testify.
Chumo argued it was unfair for the DPP to expose him to a trial where 33 out of 34 witnesses had testified over three years and eight months but goes ahead to withdraw the charges against his co-accused.
“I believe the DPP decided to discharge the beneficiaries of an alleged conspiracy from criminal proceedings while sustaining charges against me, an alleged co-conspirator. His actions have violated my rights,” he said.
The decision by DPP to drop the charges against the former Kenya Power MD and others has been criticised by Narok Senator, Ledama Olekina.
He has insinuated that the move by the Director of Public Prosecutions, Noordin Haji, is a ‘cleansing’ exercise.
“Clean them all…it’s their time to eat,” Lama said in a tweet.
Source: https://energynewsafrica.com
Ghana’s premier refinery, Tema Oil Refinery (TOR), which has been struggling to stand on its feet due to poor leadership, is losing key workers whose hopes of seeing the refinery get a strategic partner hang in the balance.
The 45,000 barrels of oil per stream day capacity refinery, established in 1963 under the first president of the Republic of Ghana, is on the verge of collapse as it is saddled with so much indebtedness to both private and public institutions.
Deep throat sources within the refinery have told energynewsafrica.com that about ten engineers at the Crude Distillation Unit (CDU) and Residual Fluid Catalytic Cracker (RFCC) recently resigned to UAE to work in the country’s oil industry.
According to energynewsafrica.com’s sources, seven other staff have also tendered their resignation letters and are expected to quit at the end of October this year.
Jerry Kofi Hinson, Managing Director of Tema Oil Refinery
This will bring a total of seventeen key staff exiting the refinery in less than three months.
Currently, the refinery is not processing crude even though it recently completed the installation of furnace.
What the refinery does is rent out its storage tanks to bulk oil importers to keep their products at a fee.
Sadly, even with this arrangement, the refinery, sometimes, is unable to account for the total volumes of products stored in its tank, thereby, incurring losses.
Many energy analysts have shared opinions on how a functioning TOR would have helped in stabilising the rising cost of fuel in the West African nation.
With the exchange rate biting hard on petroleum products, these analysts believe that if TOR were processing crude oil, it would reduce the volumes of fuel imported into the country.
A good number of the staff of the refinery appears to be throwing their hands in despair.
They have pushed successive governments to recapitalise the refinery and put structures in place to make it viable but their wish is yet to see the light of day.
Dr. Matthew Opoku Prempeh, Minister for Energy, Republic of Ghana
Attempts by the Energy Minister, Dr. Matthew Opoku Prempeh, to ensure that the refinery is rid of bad guys hit a snag as persons who were interdicted for their alleged involvement in product losses and financial malfeasance by a three-member Interim Management Committee (ICM) managed the refinery between June and October 2021 have all been cleared of no wrong-doing and returned to work.
When contacted about the situation in TOR, the National Chairman of Ghana Petroleum and Chemical Workers Union, Bernard Owusu, said he had heard about the resignation of some engineers at the refinery.
He said the union was concerned and is planning to meet the Minister for Energy to discuss the way forward of the refinery.
Source: https://energynewsafrica.com
Nigeria’s Ministry of Power has dismissed reports suggesting that the Federal Government is planning to privatize the country’s power transmission company TCN.
According to the Ministry, there is no plan to sell the Transmission Company of Nigeria (TCN).
“Some of the reports even falsely claimed that the said privatization is going to take place in coming months,” the Ministry of Power said in a statement issued by Malam Isa Sanusi, Special Advisor to the Minister.
According to him, these reports are untrue and are only mere misinformation aimed at spreading panic in the power sector, which is making progress towards ensuring that Nigerians enjoy an uninterrupted power supply.
He further explained that the Federal Government has no intent to sell or privatize the company and that no government official has made a statement of intent to sell the TCN.
“The Transmission Company of Nigeria (TCN) is a centrepiece in the Federal Government of Nigeria’s efforts to rejuvenate the power sector.
“Therefore, the Ministry of Power, working with key stakeholders, is continuing to evaluate, assess and upgrade TCN to make it more efficient and transparent,” he said.
He maintained that the government under the leadership of President Muhammadu Buhari focuses on upgrading, stabilizing, and modernizing Nigeria’s power industry through various interventions, including the Nigeria-Siemens partnership under the Presidential Power Initiative (PPI).
Source: https://energynewsafrica.com
The Nigerian military has set ablaze a vessel named MT Deima caught loading illegal crude oil in the Niger Delta, with International Maritime Organisation (IMO) number 7210525.
The vessel while loading illegal crude oil, was on Monday set ablaze by men of the Nigerian military along the Warri River in Delta state.
The vessel was arrested by Tantita Security Services Limited, company owned by Ekpemopolo, popularity known as Tompolo, leader of the defunct Movement for Emancipation of Niger Delta (MEND).
There were eight persons on board the vessel, directly stealing crude oil from the Escravos axis in Warri South West LGA, Delta state.
Tantita Security Services Limited was recently awarded pipeline surveillance contract by the Nigerian National Petroleum Company Limited (NNPCL) to assist in curbing oil theft and pipeline vandalism in the country.
One of the security personnels who took part in the operation told journalists that, they had agreed based on a tip off, adding that they were offered a bribe of N25m to let the ship go but they turned down the offer.
Grateful to the NNPC team, Government security agencies and surveillance contractor. Sea going barge arrested and destroyed for involvement in Crude oil theft. pic.twitter.com/1wtSTtoH30
On the capacity of the ship, he explained that the ship is 1,500 metric tons and had on board eight all Nigerian crew members.
While noting that the captain confessed that they came in from Lagos and that if they were not arrested, the ship would have sailed back to Lagos.
Striking French oil workers have voted to continue their industrial action, which has led to shortages at fuel stations across the country.
They responded angrily after the government said it would use mandatory powers to force some of them to go back to work.
The strike, in its third week, has shut six of France’s seven oil refineries.
With long queues of cars now a regular sight at the pumps, the government wants to get the fuel flowing again.
Nearly a third of French petrol stations are now reported to be running short of at least one kind of motor fuel.
Unions want pay increases for their workers, which they say should take account of the huge profits being made at the moment by the oil companies.
They are seeking a 10% pay rise – 7% to cover inflation and 3% for what they call “wealth-sharing”.
The government’s latest move to head off the impact of the action is to requisition key staff at a refinery in Normandy, threatening prosecution unless they allow some lorry tankers to fill up.
French Prime Minister Elisabeth Borne said that if no agreement could be reached between the oil firms and the unions, the government would act to “unblock the situation”.
But the hard-left unions behind the stoppages see this as a threat to their right to strike and have toughened their position, calling the government’s warning “illegal” and a “choice of violence”.
A spokesman for the CGT union said it was waiting for the government’s requisition notifications and would challenge them in court.
Last Friday, French President Emmanuel Macron called on unions to end the strikes but said energy companies should listen to the workers’ “legitimate salary demands”.
The strike action has split opinion in France, with some commuters expressing exasperation over the fuel shortages and pointing out that they need their cars for work.
But at a time of growing anxiety about the cost of living and soaring profits for some energy companies, others have expressed sympathy for the strikers.
France said on Tuesday that it would requisition essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refineries if talks failed to progress.
But workers at Total’s Donges refinery decided on Tuesday to strike beginning on Wednesday, French union CGT said.
French Prime Minister Elisabeth Borne said on Tuesday that the government would start the callback process for ExxonMobil’s staff at its oil depots in the country after talks between the oil company and two unions, CGT and FO, stalled.
The CFDT union, however, managed on Monday to reach an agreement with Exxon.
“Today some unions, despite the deal, wants to continue the strike action and blockades, we cannot accept that,” Borne said, according to Argus media.
Those comments followed weekend comments by the country’s energy minister Agnes Pannier-Runacher that the government was “doing its utmost to restore the situation to normal as soon as possible.”
The CGT and FO unions declared strikes weeks ago at Total’s 246,900 bpd Gonfreville and 109,300 bpd Feyzin refineries, along with the Carling petrochemicals plant.
The FO Now, ExxonMobil’s 219,000 bpd Donges refinery is being added to the list.
The FO union had workers striking at Exxon’s 235,000 bpd Fos-Sur-Mer refinery, as well as its 270,000 bpd Port Jerome refinery, but FO called off its strike action on Monday, Argus said.
The additional striking action comes just as France prepares to order some essential workers back to the workplace.
More than half of the country’s refinery capacity has been offline as many of the country’s gas stations suffer widespread gasoline and diesel outages.
On Monday, the CGT trade union rejected an offer from TotalEnergies, which had offered to bring forward negotiations if the union called off the strike.
Source:Oilprice.com
Kenya intends to press on with the building of a natural gas pipeline from Tanzania’s main city Dar es Salaam to its coastal city of Mombasa and later to the capital Nairobi, in a bid to lower energy tariffs, Kenya’s President William Ruto has said.
Local reports put the costs of the 600km (372-mile) pipeline at about $1.1bn (£990m).
Mr. Ruto expressed commitment to the project on Monday, when he spoke to some journalists in Tanzanian, shortly after holding bilateral talks with President Samia Suluhu, on his first visit to the neighbouring country since he took office in September.
Mr. Ruto said the project would lower energy tariffs in the industrial sector, as well as for families in their homes.
In May last year, Mr. Ruto’s predecessor, Uhuru Kenyatta and Ms Suluhu signed a preliminary agreement covering the transport of gas from Tanzania to Kenya for use in power generation and, potentially, for cooking and heating.
The deal was said to be part of a longer-term plan to expand infrastructure links between the two big economies of East Africa.
Source: https://energynewsafrica.com
The French Finance Minister Bruno Le Maire has warned that the United States should not be allowed to dominate the global energy market while the European Union suffers from the consequences of the conflict in Ukraine.
Le Maire, who spoke on Monday while addressing the National Assembly, said, “The conflict in Ukraine must not end in American economic domination and a weakening of the EU.”
He described as unacceptable that Washington “sells its liquefied natural gas at four times the price than it sets for its own industrialists,” adding that “the economic weakening of Europe is not in anyone’s interest.”
“We must reach a more balanced economic relationship on the energy issue between our American partners and the European continent,” Le Maire said as quoted by RT.
Prior to the conflict in Ukraine, Russia was the EU’s largest gas supplier, responsible for about 45% of the bloc’s gas imports. However, due to sanctions imposed on Moscow in recent months, Russian gas supplies to the EU have decreased significantly.
Facing an energy crisis, EU countries have rushed to fill their storage facilities – the level of reserves in underground storages was close to 91% as of Monday, according to Gas Infrastructure Europe. The storage sites are largely filled by liquefied natural gas (LNG), and are currently at their highest seasonal levels since at least 2016, according to data compiled by Bloomberg.
However, LNG imports from overseas cost much more than gas supplied via pipeline from Russia under long-term contracts, and energy prices in the bloc continue to rise.
The EU has considered setting a cap on natural gas prices for all suppliers, but a number of countries are opposed to this. Norway, a non-EU state but a partner in the European Economic Area (EEA) and one of EU’s major gas suppliers, recently warned that a step such as this could aggravate the situation, forcing exporters to divert supplies to other markets.
Thousands of protesters are rallying in major cities of European countries over the soaring energy price and gallop inflation across the EU.
Source: Sahara Reporters
Ghana’s petroleum downstream regulator, the National Petroleum Authority (NPA), has fined nine oil marketing companies to the tune of Gh¢2,215,000 (equivalent of $201,343.50) for engaging in third-party trading of petroleum products and unlawful lifting of petroleum products.
The companies which engaged in the unlawful acts are Bello Petroleum, Jas Petroleum, Oval Energy, Kros Energy, Safety Petroleum and Santol Energy.
The remaining are Riseglobe Energy, Sayon Energy and Cigo Energy.
This was contained in a release issued by the NPA on Tuesday, 11th October 2022.
The NPA directed that “Cigo Energy pays a fine of Gh₵725,000.00 comprising Gh₵30,000.00 for engaging in third-party supplies for the second time and Gh₵695,000.00 for the unlawful lifting of petroleum products.”
It fined Sayon Energy Gh₵425,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵415,000.00 for the unlawful lifting of petroleum products while Bello Petroleum was slapped with a fine of Gh₵120, 000.00 comprising Gh₵10,000 for engaging in third-party supplies for the first time and Gh₵110,000.00 for the unlawful lifting of petroleum products.
The regulator also fined Jas Petroleum Gh₵65,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵55,000.00 for the unlawful lifting of petroleum products while Oval Energy was fined Gh₵245,000.00 comprising Gh₵10,000.00 for engaging in third party supplies for the first time and Gh₵235,000.00 for the unlawful lifting of petroleum products.
Kris Energy was sanctioned to pay a fine of Gh₵295,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵285, 000.00 for the unlawful lifting of petroleum products.
Safety Petroleum will pay a fine of Gh₵200,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵190,000.00 for the unlawful lifting of petroleum products.
NPA directed Safety Petroleum to pay a fine of Gh₵200,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵190,000.00 for the unlawful lifting of petroleum products.
“Santol Energy will pay a fine of Gh₵75,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵65,000.00 for the unlawful lifting of petroleum products.
“Riseglobe Energy pays a fine of Gh₵65,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵55,000.00 for the unlawful lifting of petroleum products,” the release stated.
The NPA gave them up to one month to settle the fines.
Source: https://energynewsafrica.com
Abu Dhabi National Oil Company (ADNOC) has announced the award of a contract worth $1.53 billion (AED 5.62 billion) to ADNOC Drilling.
The award supports the expansion of ADNOC’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon intensity oil and gas.
ADNOC Offshore awarded the two-year contract which covers the provision of 12 jack-up rigs and two island rigs and the associated Integrated Drilling Services (IDS).
ADNOC Offshore and its strategic international partners continue to maximize value from Abu Dhabi’s offshore oil and gas resources and this award will leverage ADNOC Drilling’s start-to-finish offering as well as its position as the largest drilling company in the region by rig fleet size to drive value and efficiencies while minimizing environmental impact.
Over 80% of the award value will flow back into the UAE’s economy under ADNOC’s successful In-Country Value (ICV) program, supporting local economic growth and diversification.
Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “Through this award, ADNOC Offshore will continue to responsibly harness the energy in Abu Dhabi’s waters, as we increase production capacity to meet the world’s growing demand for energy with lower carbon intensity oil and gas. ADNOC Drilling is a world leader in drilling and completion services. Their deep expertise and wide technical capability will maximize value and minimize the environmental foorprint of every well as ADNOC expands its production capacity. The substantial in-country value generated through this contract will support the directives of our wise leadership to grow and diversify the UAE economy.”
This award will support the expansion of ADNOC’s crude oil production capacity to five million barrels per day (mmbpd) by 2030 and gas self-sufficiency for the UAE. ADNOC Drilling has provided IDS to ADNOC Offshore since 2019. The company’s highly competitive position, integrated capabilities and technical expertise have helped increase the efficiency of ADNOC’s offshore operations.
Since ADNOC Drilling launched its IDS offering in 2018, the company has enabled more than $250 million (AED917.5 million) in savings for its customers through the successful end-to-end delivery of drilling and completion services.
A group of suspected armed men invaded Star Oil Filling Station at Tojeh, on the Accra-Aflao road in the Dangbe East District of Greater Accra and shot dead the security man on duty.
The robbers attacked the station on Monday, 10th October, 2022.
It is not yet clear whether the robbers made away with cash.
In a statement sighted on the Facebook page of the Ghana Police Service, it said they are currently on a manhunt for the suspects.
“The Police are on a manhunt for a group of armed men who shot and killed a security man when they attacked and robbed the Star Oil Filling Station at Tojeh on the Accra -Aflao Stretch of the main road on 10th October 2022,” the statement said.
“We will surely get them arrested to face justice,” the police said.
Source: https://energynewsafrica.com
In the video, an onlooker, with a Nigerian accent, was also heard running commentary in the background, saying that a Ghanaian man had climbed the pole because of the hardships in the country.
“The police are around to rescue this Ghana man who says he is tired of life. They should let him get to the top,” the man said in pidgin English.
Watch the incident below:
https://fb.watch/g9RlzBJGEI/
Kris Energy was sanctioned to pay a fine of Gh₵295,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵285, 000.00 for the unlawful lifting of petroleum products.
Safety Petroleum will pay a fine of Gh₵200,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵190,000.00 for the unlawful lifting of petroleum products.
NPA directed Safety Petroleum to pay a fine of Gh₵200,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵190,000.00 for the unlawful lifting of petroleum products.
“Santol Energy will pay a fine of Gh₵75,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵65,000.00 for the unlawful lifting of petroleum products.
“Riseglobe Energy pays a fine of Gh₵65,000.00 comprising Gh₵10,000.00 for engaging in third-party supplies for the first time and Gh₵55,000.00 for the unlawful lifting of petroleum products,” the release stated.
The NPA gave them up to one month to settle the fines.
Source: https://energynewsafrica.com