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2nd Batch Of Gold For Oil Deal Arrives In Ghana

The second shipment of petroleum delivered to Ghana under the “gold for oil” policy has been received.

On Sunday, February 19, 2023, the 40,000 metric tonnes of oil arrived at the port in Tema. The entire amount of fuel obtained under the policy now stands at 80,000 tonnes.

Ghana will receive four different gasoline cargoes by the end of February.

This is according to Edwin Provencal, managing director of Bulk Oil Storage and Transportation Limited (BOST), who made the announcement last week.

In addition to the initial cargo of 40,000 tons of oil, the shipments will total 155,000 tonnes of fuel.

“Sunday, February 19th, saw the arrival of the following shipment. 35,000 tons of fuel are involved.

Another 40,000 tons will arrive the following week, then another 40,000 tons the following week, and finally another 40,000 tons in the final week of February. Thus, by the end of February, four should be there, God willing.

Dr. Matthew Opoku Prempeh, the energy minister, promised on Friday that his department would closely supervise every stage of the Gold for Oil program’s value chain, from the ship that transports the oil to the BDCs, the OMCs, and the pumps.



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