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Tag Archives: BOST

Fuel crisis looms over cartel in petroleum industry – BOST workers

The Senior Staff of the Bulk Oil Storage and Transportation Company (BOST) are predicting a shortage in fuel following what they say is the continuous interference by a cartel in the company’s activities. Secretary of the Senior Staff Association of BOST, Ekow Sey claims that some Bulk Oil Distribution Companies (BDCs) and highly placed individuals, who form the cartel, have ...

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‘Great cartel’ manipulating fuel prices – BOST staff warn gov’t

The Junior and the Senior Staff unions of the Bulk Oil Storage and Transportation Company Limited (BOST), have called on the government to move against what they describe as a cartel within the company sabotaging fuel prices. In a statement, the executives of the two unions stated that BOST is the only institution with the adequate infrastructure and the human resource capacity ...

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COPEC to petition Special Prosecutor to probe BOST

The Chamber of Petroleum Consumers (COPEC), says it will by close of day today [Monday], petition the office of the Special Prosecutor to investigate allegations of a shady crude oil transaction between the Bulk Oil Storage and Transportation (BOST) and an unlicensed private oil firm, BB Energy. Speaking at a Press conference in Accra, the Executive Secretary of COPEC, Duncan ...

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Energy C’ttee to probe BOST over COPEC’s allegations

Mr-Emmanuel-Akwasi-Gyamfi

The Mines and Energy Committee of Parliament has waded into the latest controversy surrounding the alleged sale of products by the Bulk Oil Storage and Transportation Company (BOST) at a rate below the market price. Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has accused BOST of causing financial loss to the state to the tune of ...

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I’ll face BOST MD in court over ‘death threat’- Duncan Amoah

The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, is ready to face the Managing Director of the Bulk Oil Storage and Transportation (BOST) in court amid the purported death threats on his life. The alleged death threats are currently being investigated by the Tema Regional Police. The BOST MD, Alfred Obeng Boateng, has sued Mr. Amoah contending ...

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BOST MD slams Duncan Amoah over ‘baseless’ allegations

Alfred Obeng Boateng, Managing Director of BOST

The Managing Director of the Bulk Oil Storage and Transportation Company (BOST), Alfred Obeng Boateng, has said allegations of financial malfeasance against the company by the Chamber of Petroleum Consumers (COPEC) boss, Duncan Amoah, are false and baseless. In a strongly-worded statement, Mr. Obeng Boateng said Duncan Amoah was simply an “enemy to the progress” and should “be ignored at all times.” This ...

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BOST MD to be honoured by Sefwi Wiawso Traditional Council

Alfred Obeng Boateng, Managing Director of BOST

The Sefwi Wiawso Traditional Council will honour Bulk Oil Storage and Transportation Managing Director, Alfred Obeng Boateng for his contributions to the development of the community. The event, scheduled for Saturday, April 7, is under the auspices of the president of the Council, Katakyie Kwasi Bumankama II. Second Lady, Samira Bawumia, is the guest of honour for the event billed ...

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BOST must come clean on Ghc35m profit claim – Franklin Cudjoe

Imani Africa President, Franklin Cudjoe, has questioned the declaration of GHc 35 million in profits by the Bulk Oil Storage and Transport Company Limited (BOST) in 10 months. He noted that there was no clarification whether the over $335 million debt incurred by previous BOST administrations had been cleared. Whilst saying he had “no cause” to doubt the claims of ...

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Private firms barred from lifting BOST’s contaminated fuel – Agyarko

Energy Minister, Boakye Agyarko, has told Parliament that no individual is now allowed to lift contaminated oil from Ghana’s Bulk Oil Storage and Transportation Company (BOST). This, he said, is part of interim measures to prevent the supply of contaminated fuel onto the Market following the BOST scandal where some 5 million liters of the contaminated fuel, was wrongly sold to ...

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Group petitions CHRAJ to probe BOST MD

A group calling itself the Coalition for Social Justice, has petitioned the Commission on Human Rights and Administrative Justice (CHRAJ), to investigate the Managing Director of BOST Alfred Obeng, over the sale of 5 million litres of contaminated fuel. According to the Coalition, Mr. Obeng acted unlawfully when he ordered the sale of the fuel to two unlicensed businesses. The group ...

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