The National Petroleum Authority (NPA) has initiated moves to promote fuel trade and investment between Ghana and Mali.
The NPA’s strategy is to continuously engage the Malian authorities and importers to achieve the objective of increasing fuel supply to the Sahelian region.
Consequently, a delegation from the NPA led by a Deputy Chief Executive, Linda Asante, paid a four-day working visit to Mali.
The team held meetings with key stakeholders including the regulators, Office Malien des Produits Petoliers (OMAP), the Malian Customs, and the directorate in charge of trade – Direction Generale Commerce de la Consommation et de la Concurrence (DGCCC) and Malian petroleum importers operators.
Mrs Asante said the visit was part of NPA’s strategy to deepen economic relations between Ghana and Mali, and other countries in the sub-region, particularly in the area of fuel trade.
“It was also to discuss matters on trade facilitation and the signing of a trade cooperation agreement between Ghana and Mali,” she added.
The Deputy Chief Executive stated that the idea was to collaborate with key Malian institutions to develop export protocols and sign a trade cooperation agreement to promote fuel trade and investments between the countries.
She also revealed that another key area of focus for the delegation was to strengthen the collaboration between NPA and its counterparts in curbing illicit fuel activities associated with the fuel trade to ensure the tax revenues of both countries are protected, and also ensure that the Ghana-Mali corridor is safeguarded to protect the economic interests of both countries.
The delegation also paid a courtesy call on Ghana’s Ambassador to Mali, Napoleon Abdulai.
Additionally, the visit presented an opportunity to initiate discussions to increase the supply of the fuels currently being supplied (Gasoil, Gasoline and Jet-A1) to Mali and promote LPG imports to the Malian market from Ghana.
The team established a working relationship with the embassy on how to advance the economic interests of Ghana and facilitate the signing of the Trade Cooperation Agreement.
Latest Stories
-
Assenso-Boakye’s comment that development is dependent on partisan politics worrying – CDD Ghana Fellow
13 mins -
Samira Bawumia lauds Kanéval, others for igniting passion for reading among children
15 mins -
Some supporters of Movement for Change return to NPP
36 mins -
NPP running mate saga: Stop putting pressure on Bawumia – Group tells lobbyists
40 mins -
IES calls for immediate removal of Matthew Opoku Prempeh over deteriorating energy crisis
1 hour -
GFA reschedule selected MD 28 fixtures to ensure maximum support for Dreams FC
1 hour -
A new financing model for SHS will leverage private sector to finance infrastructure – Bawumia to CHASS
1 hour -
Earth Day: CCCFS promotes adoption of ceramics to fight plastic pollution
2 hours -
Ten dead as navy helicopters collide mid-air in Malaysia
2 hours -
Kwadaso Onion Market: Traders relocated over security concerns
3 hours -
Organise your dumsor demo, we’ll choose who to partner for ours – Franklin Cudjoe tells Yvonne Nelson
3 hours -
Government to consolidate cash waterfall revenue collection accounts
3 hours -
‘Otumfuor is one of Kotoko’s biggest issues’ – Nana Agyemang
3 hours -
Bawumia travels to Italy and Vatican State
3 hours -
Bellingham wins Laureus Breakthrough award
4 hours