
Audio By Carbonatix
Ghana Oil Company Limited (GOIL) has announced a strategic artnership with the Ghana Air Force to put up a facility at the Takoradi base to provide aviation fuel to aircraft operating in the area.Mr. Alex Josiah Adzew, Technical and Special Products MarketingManager said: “We have also entered into strategic partnership withother exploration and production companies in the Jubilee Field for the constant supply of aviation fuel."Now aircraft do not need to carry a-round-trip aviation fuel from the point of departure, which impact heavily on the weight of the aircraft.” Mr Adzew told the GNA in an interview that GOIL has the capacityto meet their demand at the Takoradi Air Force Base.Mr Adzew stated: “GOIL is currently the first indigenous oil marketing company to enter the aviation business, originally solely handled by multi-national companies with the acquisition of 33 percent
shares in the Joint User Hydrant Installation (JUHI) at the Kotoka International Airport for the storage of aviation fuel."The effort by GOIL is a huge breakthrough for local OMCs with high economic benefit to Ghana as proceeds entirely stays in the country…we are offering customers a third force alternative.”Contributing to the discussion, Mr Yaw Agyemang-Duah, GOIL's Managing Director, explained that due to the highly sensitive and technical nature of the aviation business GOIL had well-trained staff to meet the demand and challenges in the industry.He said in anticipation of the economic transformation and the middle-income status, GOIL had intensified efforts in penetrating into the non-fuel products marketing including premium lubricants, and the Bitumen market.“We are the leader in the local bunker fuel trading industry – providing marine gas oil and marine lubricants to ocean going vessels…Since 2004, we have acquired major stakeholdings in the Ghana
Bunkering Services,” he said.“GOIL has extensive experience in the bunkering market and through its leadership has assumed a premier bunkering operation with a global footprint. Now Ghana can proudly say she has Bunkering Experts in GOIL.”Mr Agyemang-Duah said in spite of the fact that marketing of petroleum products in the country has become ultra-competitive, “GOIL remains one of the forerunners in the petroleum industry. ”“The company has maintained its market leadership in gasoline,premix, LPG, bunkering and lubricants since the year 2002 and hasrespectable market shares in all other products marketed by it.Source: GNA
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
-
Fuel prices may rise in Ghana despite global drops – Duncan Amoah
2 minutes -
‘No one is above the law’- Volta Chiefs condemn EOCO over handling of Council of State member case
3 minutes -
AMA creates alternative pedestrian routes at Kaneshie after footbridge closure
7 minutes -
Ghanaians were misled- NPP accuses NDC of politicising Anti-LGBTQ bill
7 minutes -
Photos: Mahama receives full state welcome in Paris ahead of talks with French President Macron
29 minutes -
Deputy Health Minister endorses Women in Medicine Fellowship
29 minutes -
Duncan Amoah pushes for Consumer Protection Bill amid VIP fare hike
42 minutes -
LMWG backs Damang lease award to E&P, demands transparency and results
46 minutes -
Volta Chiefs condemns EOCO over alleged disregard for court ruling in Council of State member case
47 minutes -
Matthew Perry’s stepmother says ‘Ketamine Queen’ should get maximum sentence
47 minutes -
Northern Regional Police Command intensifies anti-drug operations, arrests 217 suspects
49 minutes -
The architect of a healthier Ghana: Mahama’s vision and legacy in primary healthcare
51 minutes -
Israel carries out large wave of air strikes across Lebanon
56 minutes -
BBC upholds complaints over racial slur in Baftas broadcast
56 minutes -
Kukurantumi set to host 2025/26 Women’s FA Cup Final as Hasaacas Ladies face Army Ladies
57 minutes