• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, September 11, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

NPA Hints of Regulating Bitumen Supply Chain in the Country

Maynard Championby Maynard Champion
April 13, 2023
Reading Time: 3 mins read
Add as Preferred on Google
NPA Hints of Regulating Bitumen Supply Chain in the Country

The National Petroleum Authority (NPA) has disclosed its plans of developing a framework to regulate the importation, storage, processing, and marketing of bitumen in the country.

According to the NPA, the framework, which will have inputs from the Ghana Standards Authority (GSA), the Ghana Highways Authority (GHA), and the Customs Division of the Ghana Revenue Authority (GRA), is to streamline the bitumen supply chain and ensure compliance with quality standards specifications.

The NPA Chief Executive, Dr. Mustapha Abdul-Hamid, and Management members of the Authority made this known during an inspection tour of a bitumen storage and production plant at Tema jointly owned by Goil Energy and Societe’ Multinationale de Bitimumes (SMB) of Cote d’Ivoire.

The facility with 7,500 metric tonnes installed capacity takes delivery of bitumen from Cote d’Ivoire. One component of the facility produces polymer-modified bitumen and bitumen emulsions, which are combinations of bitumen and some chemicals.

ADVERTISEMENT

Per the law establishing the NPA, it has the mandate to regulate all petroleum products, including bitumen, which is mainly used for road construction.

Ghana’s Petroleum Downstream Industry Records Robust Growth of 41%- NPA CEO
Dr. Mustapha Abdul-Hamid, the Chief Executive Officer of the National Petroleum Authority

Dr. Abdul-Hamid affirmed the commitment of the NPA to streamline the bitumen supply chain to ensure compliance with industry standards.

Giving details of the NPA’s actions, the Head of Planning of NPA, Mr. Dominic Aboagye indicated that the NPA constituted a committee a couple of years ago to look at the entire bitumen supply chain to see how to streamline the sector.

Engagement Of Players In The Bitumen Value Chain

Mr. Dominic Aboagye noted that the Authority engaged players in the bitumen value chain to understand their operations, and it turned out that much of the supply was from Cote d’Ivoire. With that information, he said a team from the NPA led by Dr. Abdul-Hamid visited Cote d’Ivoire in 2021 to study the operations of Societe’ Multinationale de Bitimumes (SMB), the main exporter of bitumen to Ghana.

Mr. Aboagye stated that the NPA committee has since been developing the framework, and indicated that the Authority would engage the GHA, the GSA, the Customs Division of GRA, and players in the bitumen supply chain to finalize the framework to regulate the sector.

ADVERTISEMENT

Mr. Aboagye noted that all players in the bitumen supply chain would be licensed by the NPA to streamline their operations.

In his presentations, the Group CEO of Goil Company Limited, Mr. Kwame Osei Prempeh, said the plant has been selling the bitumen, polymer-modified bitumen, and bitumen emulsions on demand for road construction.

The Group CEO of Goil Company Limited welcomed the move by the NPA to regulate the bitumen supply value chain as it would ensure the supply of quality products in the country.

ADVERTISEMENT

The NPA team that participated in the tour included the Director of Economic Regulation and Planning, Mrs. Alpha Welbeck, and the Director of Policy Coordination, Dr. Sheila Addo, the Head of Quality, Control, Mr. Ubeidalah Kutia Saeed, and the Executive Assistant, Mr. Faisal Ibrahim Cisse.

Operations started in September 2022, and arrangements are underway for the official commissioning of the plant, possibly by President Nana Addo Dankwa Akufo-Addo and his Ivorian counterpart Mr. Alassane Ouattara this year.

READ ALSO: Ghana’s Decision To Prioritize China Is Not The Best- Development Economist

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: BitumenGhana Revenue AuthorityGhana Standards AuthorityGoilNational Petroleum Authority
Please login to join discussion
Previous Post

Ghana’s IMF Bailout Program Nears Approval- IMF Boss

Next Post

NPP Must Be Severely Punished At The 2024 Polls- Builsa South MP

Related Posts

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources and Acting Minister for Environment, Science and Technology
Extractives/Energy

Ghana Pivots from Raw Material Exports to Local Mineral Processing

September 11, 2026
Energy financing
Extractives/Energy

Africa’s Energy Ambitions Face A Domestic Financing Test

September 10, 2026
AfDB
Extractives/Energy

AfDB Approves $5bn Framework to Cushion Africa’s Energy Shocks

September 10, 2026
Ghana Chamber of Mines
Extractives/Energy

Local Ownership Cannot Become Immunity from Regulatory Laws – Chamber of Mines

September 10, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Hon. Emmanuel Armah-Kofi Buah, Minister for Lands and Natural Resources and Acting Minister for Environment, Science and Technology

Ghana Pivots from Raw Material Exports to Local Mineral Processing

September 11, 2026
Stade Hassan II

Morocco Claim Upper Hand in Race to Host 2030 World Cup Final

September 10, 2026
Teama Port

GH¢720 Port Cap Puts Ghana’s Trade Costs Under Scrutiny

September 10, 2026
BoG Backs Open Banking to Expand SME Credit

BoG Warns Ghana Against Costly Return to FATF Grey List

September 10, 2026
Fighters recruited into the Houthi group ride on top of an armoured personnel carrier in a demonstration to show solidarity with Palestinians in the Gaza Strip, in Sanaa, Yemen, August 24, 2024.

Houthis Seize Port City Of Mokha

September 10, 2026
ADVERTISEMENT
Next Post
Member of Parliament for Builsa South, Dr Clement Apaak.

NPP Must Be Severely Punished At The 2024 Polls- Builsa South MP

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.