{"id":332199,"date":"2017-06-28T12:57:17","date_gmt":"2017-06-28T12:57:17","guid":{"rendered":"http:\/\/citifmonline.com\/?p=332199"},"modified":"2017-06-28T12:57:17","modified_gmt":"2017-06-28T12:57:17","slug":"govt-to-set-up-cttee-to-probe-bost-contaminated-fuel-sale","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/06\/govt-to-set-up-cttee-to-probe-bost-contaminated-fuel-sale\/","title":{"rendered":"Gov’t to set up c’ttee to probe BOST contaminated fuel sale"},"content":{"rendered":"
The Energy Ministry will be setting up an\u00a0eight-member investigative committee to look into the Bulk Oil Storage and Transportation (BOST) company\u2019s controversial sale of 5 million litres of contaminated fuel.<\/p>\n
The committee has been mandated to determine the circumstances that led to the contamination of the fuel and review the transaction, among others.<\/p>\n
[contextly_sidebar id=”fKVN6383vc9A49Jb3hD5pLGXIAIi8Yh3″]The committee will also review the procedures undertaken by BOST to evacuate the product and ascertain the quality and remaining quantity of the product.<\/p>\n
This was revealed in a statement, which also indicated that, BOST has so far evacuated a total of 471,000 litres of the contaminated fuel, but has currently suspended evacuation in compliance with National Petroleum Authority (NPA) instructions.<\/p>\n
The Ministry also stated that it has received a report of the preliminary investigations <\/a><\/strong><\/span>conducted by the\u00a0NPA.<\/p>\n The companies engaged in this deal, Zup Oil and Movenpinaa Energy, were found to be unlicensed thus, are not to undertake any commercial activity in the downstream petroleum industry, per section 11 of the National Petroleum Authority Act, ACT 691, 2005.<\/p>\n The concerns with the contaminated fuel were brought to the fore by a Citi News<\/strong> report,\u00a0indicating that Ghana lost about GHc 7 million in revenue following attempts by BOST to sell\u00a0the contaminated fuel.<\/p>\n