Audio By Carbonatix
Forty-four oil marketing companies have defaulted on their obligation to remit levies owed to the Bulk Oil Storage and Transportation (BOST), now rebranded as the Bulk Energy Storage and Transportation Limited (BEST).
These companies were supposed to collect the BOST margin from petroleum product sales and remit it to the National Petroleum Authority (NPA) for onward transmission to BOST.
However, they collected the levies and margins but failed to transfer the funds, disappearing with nearly GH₵60 million.
The companies involved include Best Petroleum Limited, owing GH₵114,480; Black Rock Energy Limited, which owes GH₵802,444; Bisvel Petroleum Services, which owes GH₵293,040; Capstone, which owes GH₵1,565,661; Cigo Energy Limited, which owes GH₵1,235,740; Champion Oil Co., which owes GH₵838,165; Deep Petroleum Limited, which owes GH₵100,720; Deliman, which owes GH₵225,610; Galaxy Energy, which owes GH₵196,830; Gulf Energy, which owes GH₵10,190,045; G&G, which owes GH₵856,166; Golden Petr. Limited, which owes GH₵246,375; and Hossana Oil, owing GH₵286,265.
Other defaulters include Humano, which owes GH₵901,137; Havilah Oil Ghana Ltd - GH₵523,950; Jas Petroleum Limited - GH₵2,356,290; Karela Oil and Gas Limited - GH₵2,660,583; Kros Energy Limited - owes GH₵525,908; L. Link Petroleum Co. Limited - GH₵40,225; Life Petroleum Company Ltd - GH₵33,150; Lilygold Energy Res. Ltd - GH₵761,995; Mba Global Petroleum Limited-GH₵220,725; Moari Oil Company Limited - GH₵968,895; and Naddif Company Limited, which owes GH₵1,528,409.
The rest are Nujenix Company Limited, which owes GH₵163,460; Nuru Oil Company Limited - GH₵175,087; Oval Energy Company Limited- GH₵6,593,673; P&O Energy Company Limited - GH₵383,724; Petro Afrique Ghana Ltd - GH₵22,355; Petra Energy - GH₵301,984; Perfect Petroleum Co. Limited - GH₵680,635; Precious Oil - GH₵436,182; and Q8 Oil, which owes GH₵2,092,299.
Rigworld Petroleum Services Limited owes GH₵2,565; Rodo Oil Limited, owes GH₵2,168,784; Rich Oil Company Limited, owes GH₵237,657; Royal Roses, owes GH₵1,215; Sawiz, owes GH₵180,166; Santol Oil, owes GH₵2,965,795; Safety Petroleum Limited, owes GH₵4,926,410; Sephem Oil Company Limited owes GH₵6,075; Titan Petroleum Limited owes GH₵1,140,150; whereas Union Oil owes GH₵41,175; and Zoe Petroleum, owes GH₵9,532,928.
Latest Stories
-
A nation that cannot employ its youth, cannot sustain peace – Kwamuhene urges urgent job creation
10 minutes -
Annoh-Dompreh elected Chairman of PAP Committee on Health, Social Work and Labour
12 minutes -
World Cup 2026: Injuries to key players ahead of tournament worrying – Kurt Okraku
26 minutes -
Togo introduces fixed penalties for traffic offences
52 minutes -
Amusan, Samukonga confirmed for Accra 2026
53 minutes -
NADMO supports tidal waves victims in Anlo District
55 minutes -
Vice President joins Effutu people to celebrate Aboakyer 2026
1 hour -
Tera Carissa Hodges joins global creatives to discuss cultural sovereignty at AfroCannes 2026
2 hours -
TCDA CEO leads charge to scale up cashew apple value addition opportunities
2 hours -
MGL’s May Day Egg market ends in resounding success as crowds turn out for affordable eggs
2 hours -
Energy expert advocates increased private-sector role in power distribution to tackle dumsor
2 hours -
Tony Asare Writes: A clotted artery, by-passes and detours
3 hours -
No road project cancelled under Mahama’s reset agenda — Roads Minister
3 hours -
Mahama praises IGP Yohunu, hails intelligence-led policing at Krobo-Odumase commissioning
3 hours -
“Energy situation is stable” – John Jinapor assures Ghanaians
3 hours