Accra, March 02, 2020 – A delegation from the Malian National Office in charge of regulating petroleum products is scheduled to pay a courtesy call on the Chamber of Bulk Oil Distributors (CBOD) to discuss matters relating to the supply and re-export of petroleum products from Ghana to Mali. The meeting is slated for Wednesday, March 4, 2020.
In 2016 Ghana began supplying gasoline and gas oil to landlocked countries such as Mali from the Petroleum Depot in Bolgatanga. Ghana is expected to become the hub for the distribution of refined petroleum products in the West African sub-region in the near future.
Ahead of the visit by the Malian delegation, CEO of the CBOD Senyo Hosi said: “this is a very important visit for us. The Mali industry is an important market for our members. And as we look at improving the utilization of our infrastructure, something that was significantly covered in our 2018 Industry Report, there is the need for us to increase Ghana’s share of the supply root to the landlocked markets of which Mali is one. Our share is currently very low so we need to explore ways of improving the nature of the service and also managing the risks associated with the nature of the services.”
Mr. Hosi said the CBOD and its members “look forward to a very fruitful engagement with our Malian regulators and counterparts alike. We’re hoping to see the beginning of a stronger and more constructive relationship going into the future”.
The Malian delegation is in Ghana this week to have deliberations with the National Petroleum Authority (NPA), Bulk Oil Storage & Transportation Company (BOST) and other stakeholders.
The meeting with CBOD will take place with the support and approval of the National Petroleum Authority (NPA).