The Managing Director of Bulk Oil Storage and Transportation (BOST) Company, Mr Edwin Alfred Nii Obodai Provencal, participated in the Africa Public Sector Conference & Awards (APSCA) high level dialogue that focused on the future of energy & green economy for sustainable development as part of the 2023 Africa Public Sector Conference held in Nairobi Kenya on Wednesday 6th September 2023.
The dialogue, which was held on the sidelines of the Africa Climate Summit (ACS) 2023, focused on the various initiatives that organizations are implementing as part of their contribution to the transition to cleaner fuels and a green economy across the continent of Africa and the challenges encountered during the implementation.
In articulating the position of BOST, the MD started by indicating the commencement of the company’s realignment in line with the transition from an oil company to an energy company, which began with the change of name from Bulk Oil Storage and Transportation Limited Company (BOST) to Bulk Energy Storage and Transportation Limited Company (BEST).
He mentioned some of the initiatives being executed by the company as building additional pipelines and barges to connect our depots which will reduce the number of BRVs on the road, ultimately reducing our carbon footprints.
According to him, the company also plans to focus on `LPG, which is a transition fuel.
Mr. Provencal furthermore mentioned the carbon sinks initiative where the company, in collaboration with the Forestry Commission, seeks to plant one million trees annually to capture the carbon within BOST’s operational areas.
In the long term, the MD indicated that the company will focus more on gas including Compressed Natural Gas (CNG) and ultimately on hydrogen, blended ethanol.
Overall, the Managing Director indicated BOST’s commitment to transition to cleaner fuels and a green economy.