The Managing Director of Bulk Oil Storage and Transportation (BOST) Company Limited, Edwin Nii Obadai Provencal, has disclosed that the company’s aim of building Liquified Petroleum Gas (LPG) storage facilities (tanks) for Ghana was progressing steadily with the Front End Engineering Design (FEED) for the project almost complete.
He said the construction of the LPG tanks at all existing BOST depots, when completed, would enable the company to store LPG as part of national strategic reserve for the Republic of Ghana.
Mr Provencal added that the LPG storage facilities were part of the company’s strategy of aggressively growing its business by developing a network of storage tanks, pipelines and other bulk transportation infrastructure throughout the country.
Mr Provencal was speaking during the end-of-year assessment stakeholder engagement with the media.
The engagement was also used to outline the company’s achievements for 2021 and plans for 2022.
The engagement provided a platform for BOST to share its success stories and challenges with the media as part of efforts to promote probity and accountability in the management of the company.
Mr Provencal said BOST has identified LPG products as one of the opportunities for its growth strategy.
The LPG storage tanks would contribute to meeting the growing demand for LPG products by consumers as it would generate more revenue for the government.
Mr Provencal revealed that BOST would continue to work towards becoming the number one fuel and logistics business operator in the West African sub-region.