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Bulk Oil Storage and Transportation

From Wikipedia, the free encyclopedia

Bulk Oil Storage and Transportation Company Ltd (BOST)
Agency overview
Formed1993
JurisdictionGovernment of Ghana
HeadquartersNii Nortei Nyanchi Street, Accra
Agency executive
Parent agencyMinistry of Energy and Petroleum
WebsiteBOST

Bulk Oil Storage and Transportation Company Ltd (BOST) is a Ghanaian state agency under the Ministry of Energy and Petroleum responsible for the development of a network of storage tanks, pipelines and other bulk transportation infrastructure throughout the country and also to keep strategic reserve stocks of petroleum for Ghana. The company is now tasked with an additional responsibility as the Natural Gas Transmission Utility (NGTU) to develop the Natural Gas infrastructure throughout the country.[1][2]

History

Bulk Oil Storage and Transportation Company Limited (BOST) was established in December 1993 as a private liability company with the sole shareholder being the Government of Ghana. BOST is the distributor of refined petroleum products from its strategic depots located throughout the country. On 9 December 2012 the company was granted Natural Gas Transmission Utility License (NGTU) by the Energy Commission (EC). The NGTU according to EC Act 541, 1997, provides transmission and interconnection services for natural gas throughout the country without discrimination.[1][2][3]

Functions

BOST is responsible for developing pipelines and storage containers for the transportation of petroleum products and the storage of reserves. The company is also responsible for the transportation, distribution and storage of petroleum products in Ghana.[4]

See also

References

  1. ^ a b "Bulk Oil Storage and Transport Company Limited (BOST)". State Enterprise Commission- Ghana. Retrieved 24 November 2019.
  2. ^ a b "State Interests and Governance Authority (SIGA)". State Enterprise Commission. Retrieved 24 November 2019.
  3. ^ "BULK OIL STORAGE & TRANSPORT ACCRA GHANA". Wavesight. Retrieved 24 November 2019.
  4. ^ Oxford Business Group (7 September 2013). The Report: Ghana 2013. p. 126. ISBN 9781907065897. {{cite book}}: |last= has generic name (help)
This page was last edited on 8 March 2024, at 10:28
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