
Audio By Carbonatix
Management of Ghana Oil Company-GOIL says it is surprised at the National Petroleum Authority’s decision to publish its name as part of Oil Marketing Companies, OMC’s that are not in good standing.The authority in the today’s edition of the Daily Graphic listed some companies in the oil business that have failed to comply with some licensing and financial obligations.The companies numbering 24 include 19 Oil Trading Companies, 3 Oil Marketing Companies, 1 Petroleum Product Export Companies and 1 Bunkering Company. The authority in the publication noted of plans to withdraw the licenses of these companies.GOIL was named amongst the Oil Trading Companies that are defaulting but the Acting Managing Director of GOIL, Chris Ackumey explains to Joy Business that the NPA got it wrong.“At the beginning of each year, NPA writes to us about how much we are supposed to pay for yout license. But we have not been given any notice of any sort. Last year when they gave us the notice we paid" he said."But this year , we have not been advised as to what to pay, that’s why we have not paid irrespective of the fact that we are not using the Oil Trading license we still would have paid if we had the demand agreement” he noted.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Edmond Boateng takes up secretary role at Honorary Consular Corps of Ghana
32 minutes -
Gambia appoints British barrister to prosecute gruesome Jammeh-era crimes
49 minutes -
Girl group Flo on entering into their ‘bombastic, confident, strong’ era
59 minutes -
Germany suspends military approval for long stays abroad for men under 45
1 hour -
Liverpool face uphill Champions League task after PSG thrashing in Paris
1 hour -
‘Ketamine Queen’ sentenced to 15 years in Matthew Perry overdose death
1 hour -
Nigeria begins mass trial of 500 terrorism suspects
2 hours -
Atletico Madrid stun 10-man Barcelona to seize Champions League semi-final advantage
2 hours -
Black Stars coach to be announced by next week – Sports Minister
2 hours -
Chiefs, queen mothers and principal elders of Odau group denounce ‘rebellious Etweresohene’, pledges allegiance to Okyenhene
2 hours -
KNUST library dress code sparks online backlash over strict rules
2 hours -
Cultural Diplomacy in Action: Ghanaian youth leaders present symbolic smock to U.S. Chargé d’Affaires
2 hours -
Ghana Card payment activation under review – NIA breaks silence on financial integration
3 hours -
Ofori-Atta’s ICE release on bail positive; he poses no risk – Amanda Clinton
3 hours -
Ken Ofori-Atta’s passport seized after bail, set to reappear in US Court on April 27
3 hours