Energy Minister

Energy Minister Opens 2022 Local Content Conference; Reiterates The Need For Enhanced Oil Exploration In Ghana

Energy Minister Opens 2022 Local Content Conference; Reiterates The Need For Enhanced Oil Exploration In Ghana

Energy Minister, Dr. Matthew Opoku Prempeh on Tuesday opened the Petroleum Commission’s 2022 Local Content Conference and Exhibition in Takoradi, calling for enhanced exploration and production activities in the context of energy transition. Addressing captains of industry and stakeholders, Dr. Prempeh used the opportunity to re-emphasize his commitment to local content and local participation which, according to him, is the vehicle through which the country could create value in the exploitation of the hydrocarbon resource. The Minister said in spite of the fact that the energy transition concerns keep growing by the day, with calls for reduction in the production…
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BOST Margin On Petroleum Products To Remain Despite Calls For Removal

BOST Margin On Petroleum Products To Remain Despite Calls For Removal

The charge of 6 pesewas per litre as margin on petroleum products for the Bulk Oil Storage and Transportation Company (BOS) a strategic source of income for the State will not be taken off anytime soon as suggested by some consumers. According to Energy Minister, Mathew Opoku Prempeh, the levy is very important for the operations of the state institution and the economy. Speaking at the Annual General Meeting of BOST, the Minister hinted that the introduction and subsequent increase in the margin to 6 pesewas has increased revenue for BOST by about 80% in 2021. “I can promise Mr.…
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