Tag Archives: Oil Marketing Companies

The National Petroleum Authority (NPA) has revoked the licences of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the downstream petroleum regulator on the acquisition and maintenance of their licences.   In a statement on Thursday (12 January 2023), the NPA said, it “will bear …

The Ghana Revenue Authority (GRA) has advised defaulting Oil Marketing Companies(OMC’s) to honour their tax obligations by 3 December or face prosecution. In a press statement cited by MyGhanaMedia.com says the GRA will not hesitate to publish the names of defaulting OMC’s, and their managers if they fail to meet the deadline …

The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi, has indicated that there is no prospect for reduction in fuel prices in the country.   Speaking on JoyNews’ Newsfile on Saturday, October 16, 2021, he argued that, since Ghana is not a lead exporter of …

The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has said that the NPA will not hesitate to revoke the licenses of industry players who continually flout the rules. Dr. Abdul-Hamid said this at a meeting with board members of the Association of Oil Marketing Companies (AOMCs) …