Addressing participants at the ongoing Oil Trading and Logistics Downstream Week in Lagos, Nigeria, Chief Executive Officer of NPA, Alhassan Tampuli said export companies were now required to provide records of the import permit of foreign company for verification.

“Now you are required to send us the importer on record and we will confirm from the Regulators in Niger, Mali, and Burkina Faso whether those companies are licensed,” he announced

Mr. Tampuli said companies would have to add a copy of the contract they have with the foreign importer and also attach a list of foreign trucks to be used in order to apply for a ‘no objection’ letter from NPA.

In addition to those rules, he said, export companies would now have to post a performance bond of 150 per cent of the total value of taxes, levies and margins. Bulk Road Vehicles would be allowed to export three times a week where the Ghana Revenue Authority (GRA) will provide escort till the product leaves the shores of the country.

Enumerating on the successes so far, the Chief Executive said since the implementation of the new guidelines, exports to Mali has considerably reduced. “The reverse is that, the GRA is recording increased revenue from domestic consumption of petroleum products”

He noted this was due to the fact that the retail stations were compelled to buy from oil marketing companies “which has adversely shot up the legitimate volumes consumed in the country.”

Touching base on the recently confiscated 15 trucks, he said despite NPA’s inability under its law (ACT 691) to confiscate and auction the product and trucks the NPA were collaborating with GRA (Customs Divisions) to confiscate the product and trucks.

“By virtue of NPA’s Act (Act 691) we are not able to use our law to confiscate and auction them. So we are partnering with Custom’s Division to use their law to confiscate all these 15 trucks and we are about to put them on auction.”

“When we are done, we will revoke the licenses of all these exporters and we will ban all their Directors from actively participating in the downstream petroleum industry. That is the way we think will bring sanity to the industry in Ghana,” he stressed.

Present at the exhibition were Deputy Minister of Energy, Dr. Mohammed Amin Adam; CEO of Chamber of Bulk Oil Distributors, Senyo Hosi, Chairman of the Association of Oil Marketing, Johnny Blagogee and CEO of the Association of Oil Marketing Companies, Mr Kweku Agyemang Duah.

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By: citifmonline.com/Ghana

The post NPA introduces new export guidelines appeared first on Citi 97.3 FM - Relevant Radio. Always.

According to him, if there was an effective monitoring system, the accident that claimed over nine lives could have been avoided.

Mr Amoah argued that the safety of citizens will be compromised if the state institutions tasked with ensuring routine checks neglect their responsibilities.

Speaking on Eyewitness News, Mr Amoah accused the National Petroleum Authority (NPA) of being negligent.

“It is sad, cruel and avoidable. We saw the June 3 disaster and we all said never again would we allow any such catastrophe to befall Ghanaians. Unfortunately, however we seem not to be doing much in that regard althought the state has entrusted those powers and responsibilities to the NPA to ensure that fuel stations have some safety standards minimum that they operate below which they should be closed down.”

“We think if the NPA continues to shirk its responsibilities then the public safety will continue to compromise. We are demanding from the fire service and police service that whatever report indicating what caused this catastrophe leading to loss of life we will need that report immediately and we will haul before court any person found to be negligent of a statutory or personal duty for not having done so. We are will do have some of these things done so that at least it will serve as deterrent to others.”

More than 40 victims of the explosion are currently on admission at various hospitals in Accra including the 37 Military hospital, Police hospital, La general hospital and the Korle-Bu teaching hospital.ed by the incident.

President Mahama has assured that government will take care of the medical bill of those affect

The explosion occurred at about 4pm on Thursday, December 22, between the Labadi Cemetery and the Trade Fair Centre.

It took fire officers more than four hours to control the inferno which had spread to nearby shops and parts of the Trade Fair Centre.

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By: Jonas Nyabor/citifmonline.com/Ghana

The post La gas explosion: Petroleum consumers threaten legal action appeared first on Citi 97.3 FM - Relevant Radio. Always.

M.anifest enters the last leg of his European sojourn and is preparing to rock the Days Off festival in Paris Wednesday evening. The rapper joined the Damon Albarn tour in Poznan, Poland and has since graced the stage in Berlin, Hamburg, Werchter festival in Belgium, Lyon and Normandy in France.

After his performance in Paris, he will head to the city of Gaudi, and Spain’s second largest city Barcelona to play the Cruilla festival. From there he will head to Serbia before winding down with a few dates in Italy and a stop at the Jazz festival in idyllic Montreux, Switzerland.

The Montreux Jazz festival is one of the biggest music festivals in the World, often visited by musical great Quincy Jones.

Check out a few pictures of M.anifest on tour below.

By: Mawuli Tsikata/citifmonline.com/Ghana

The post M.anifest shines on Damon Albarn tour appeared first on Citi 97.3 FM - Relevant Radio. Always.

M.anifest enters the last leg of his European sojourn and is preparing to rock the Days Off festival in Paris Wednesday evening. The rapper joined the Damon Albarn tour in Poznan, Poland and has since graced the stage in Berlin, Hamburg, Werchter festival in Belgium, Lyon and Normandy in France.

After his performance in Paris, he will head to the city of Gaudi, and Spain’s second largest city Barcelona to play the Cruilla festival. From there he will head to Serbia before winding down with a few dates in Italy and a stop at the Jazz festival in idyllic Montreux, Switzerland.

The Montreux Jazz festival is one of the biggest music festivals in the World, often visited by musical great Quincy Jones.

Check out a few pictures of M.anifest on tour below.

By: Mawuli Tsikata/citifmonline.com/Ghana

The post M.anifest shines on Damon Albarn tour appeared first on Citi 97.3 FM - Relevant Radio. Always.