Tag Archives: Gold-for-oil policy

The Association of Oil Marketing Companies says the government’s attempt to import oil under the gold-for-oil policy must be done in a balanced manner to avoid any form of discrimination and ensure fairness to all licensed parties. The association in a statement described as unfair the distribution of the products …

The former chief executive of the Volta River Authority (VRA), Dr Charles Wereko-Brobbey popularly known as Tarzan,  has described the government’s gold for oil policy as “murky”. Wereko-Brobbey is questioning why the government allegedly used money to pay for the first consignment of 40,000-plus metric tonnes of petroleum products delivered …

The National Petroleum Authority (NPA) has revealed that the initial 40,000 tonnes of diesel that arrived in January under the Gold-for-oil policy were valued at US$40 million. The clarification by the NPA comes after several calls by industry experts including the Institute of Energy Securities for the government to provide …