Dr Patrick Ofori

Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment

Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment

The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil (G4O) programme. According to Chamber, the Bank of Ghana (BoG) underwriting the risks associated with commercial activities of the Bulk Oil Storage and Transportation company (BOST), gives the government sole shareholder private limited liability company, an upper hand over other players in the field. In a virtual press briefing on Thursday, Dr Patrick Ofori, Chief Executive Officer (CEO) of CBOD, said the Chamber was concerned about the “preferential treatment that…
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We Have Sufficient Stocks Of Petroleum Products To Last Into New Year – Chamber Of Bulk Oil Distributors

We Have Sufficient Stocks Of Petroleum Products To Last Into New Year – Chamber Of Bulk Oil Distributors

The Ghana Chamber of Bulk Oil Distributors has assured the nation that there are sufficient stocks of all petroleum products to satisfy national demand well into the New Year. It has therefore dismissed reports about the pertinent fuel shortage, describing it as “unfounded”. “We have more than enough petroleum products at the depots and in the ports ready for discharge. These products, ranging from petrol and diesel to kerosene, premix and aviation fuel, are available in sufficient quantities to meet national demand beyond the Christmas holidays”, Chief Executive Officer of CBOD, Dr. Patrick Ofori said. Dr. Ofori said the nation’s…
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