A Malian delegation from the National Office in-charge of regulating petroleum products, is expected to pay a courtesy call on the Chamber of Bulk Oil Distributors (CBOD) in the Republic of Ghana, on Wednesday, March 4, 2020.
The purpose of the visit is to discuss matters relating to the supply and re-export of petroleum products from Ghana to Mali.
In 2016 Ghana began supplying gasoline and gas oil to landlocked countries such as Mali from the Petroleum Depot in Bolgatanga.
Ghana is expected to become the hub for the distribution of refined petroleum products in the West African sub-region in the near future.
Ahead of the visit by the Malian delegation, CEO of the CBOD Senyo Hosi commented that: “this is a very important visit for us. The Mali industry is an important market for our members. And as we look at improving the utilization of our infrastructure, something that was significantly covered in our 2018 Industry Report, there is the need for us to increase Ghana’s share of the supply route to the landlocked markets of which Mali is one. Our share is currently very low so we need to explore ways of improving the nature of the service and also managing the risks associated with the nature of the services.”
Mr. Hosi said the CBOD and its members “look forward to a very fruitful engagement with our Malian regulators and counterparts alike. We’re hoping to see the beginning of a stronger and more constructive relationship going into the future”.
The Malian delegation will also meet with the petroleum downstream regulator, National Petroleum Authority (NPA), Bulk Oil Storage & Transportation Company (BOST) and other stakeholders.