NPA orders OMCs to increase UPPF, BOST margin on Petroleum products
By: Franklin ASARE-DONKOH The National Petroleum Authority (NPA) has ordered all Oil Marketing Companies (OMCs) and other industry players to increase the Unified Petroleum Price Fund (UPPF) and Bulk Oil Storage and Transportation (BOST) margin on Petroleum products effective December 1, 2022. A memo sent to the OMCs indicated that the firms were all to […]
BOST readies for US$970million oil re-export market in Sub Region
By: Dominic Hlodzi The Bulk Oil Storage and Transportation Company, BOST is positioning itself to take advantage of a US$ 970million oil re-export market in landlocked nations within the sub-region. BOST said it can take full advantage of the huge oil re-export market in Burkina Faso and Mali if non-tariff barriers are removed. These landlocked […]
BOST justifies $23.5m tower office block
SOURCE: GRAPHICONLINE The Bulk Oil Storage and Transportation Company Ltd (BOST) is procuring a single tower block at $23.5 million to use as its offices. The office infrastructure, initially a twin-tower facility, was originally to cost $39 million in 2015. But due to the delayed execution of the contract, an independent valuer appointed by both […]
