Audio By Carbonatix
The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that government has initiated processes for the construction of a new Offshore Mooring Facility to address infrastructure challenges affecting Ghana’s downstream petroleum sector.
During his visit to the National Petroleum Authority (NPA) on Wednesday, October 15, Dr Jinapor explained that the project would significantly ease slot deposit pulsa the infrastructure burden and reduce costs associated with fuel importation and distribution.
“This project is expected to significantly ease the infrastructure burden, address the bottlenecks, and reduce laycan-related costs and delays,” he said.
He acknowledged that the sector has long faced operational challenges, particularly those relating to laycan allocation and demurrage.
“Challenges such as laycan allocation and delays in discharge leading to demurrage have become recurring issues, undermining efficiency in fuel importation and distribution,” he noted.
Dr Jinapor said that while the Laycan Allocation Committee had improved coordination, a more permanent solution was necessary to sustain efficiency.
“Even though the Laycan Allocation Committee has brought about some level of efficiency, as a government, we are determined to permanently resolve the challenge,” he added.
He assured that the new offshore facility, once completed, would be “a game changer for the entire downstream supply chain,” enhancing the sector’s resilience and competitiveness.
Latest Stories
-
Disco Dance hit maker Ebo Taylor dances into eternity
21 minutes -
We are working to pay cocoa farmers’ arrears, exploring new funding model – COCOBOD
26 minutes -
Analysis: How the proposed sliding-scale royalties could impact mining revenue
30 minutes -
Renaming Kotoka International Airport: Counting benefits versus costs
45 minutes -
Husband reported wife missing, then her body was found in wedding dress bag
57 minutes -
Man named in South Africa’s police corruption probe found dead
1 hour -
Dembele scores twice as PSG hit 5 past Marseille
1 hour -
Real Madrid beat Valencia to close gap to leaders Barca
1 hour -
Real Madrid wants to sign Barcelona’s Pedri: Report
2 hours -
Spanish train drivers to begin nationwide strike after fatal crashes
2 hours -
Netherlands returns 3,500-year-old looted sculpture to Egypt
2 hours -
‘Trump’s psyche’: The aide driving president’s most controversial policies
2 hours -
Algeria begins to cancel air services agreement with UAE
2 hours -
Gunmen kill three people and abduct Catholic priest in northern Nigeria
3 hours -
Gov’t curbs offshore investments to protect cedi, boost stability
3 hours
