Ghana has taken delivery of the second transfer of fuel under the gold-for-oil policy.
The 40,000 metric tonnes of oil arrived at the Tema port on Sunday, February 19, 2023. This brings the total fuel received under the policy to 80,000 tonnes.
The Managing Director of Bulk Oil Storage and Transportation Limited (BOST), Edwin Provencal last week revealed that Ghana will take delivery of four separate fuel gasoline cargoes toward February's end.
The shipments will add up to 155,000 tonnes of fuel addition to the first consignment of 40,000 tonnes of oil under the deal.
"The following shipment will arrive on Sunday [February 19th]. It's 35,000 tons of gasoline. The next week, one more 40,000 tons will arrive, then another 40,000 tons that very week, and afterward one more 40,000 tons in week of February. Thus, God willing, there will be four toward the end of February," he said.
Energy Minister, Dr Matthew Opoku Prempeh on Friday assured that his ministry will definitely monitor each move toward the Gold for Oil program value chain from the boat that brings the oil, through deliver to the BDCs, to the OMCs and to the pumps.
This, as indicated by Dr. Opoku Prempeh will ensure that the purposes for which the programme was birthed, which are steady prices, lower price and removing the foreign exchange conundrum are not crushed by the defects in the system.