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The Bulk Oil Storage and Transportation Company Limited (BOST) was incorporated in December 1993 as a private limited liability company with the Government of Ghana as the sole shareholder. Until May 2001, BOST was responsible for the distribution of refined petroleum products from its strategic depots located throughout the country. Ghana Oil Company Limited is a public organization with the objective of marketing and distributing petroleum products in Ghana. The biggest share of its sales comes from the sale of Diesel and Gasoline. The main distribution points are Liaison Office, Central Depot, and the Accra Plains Depot all within the Tema catchment area. In Ghana, Total is involved in a Joint User Hydrant Installation (JUHI) for Aviation Turbine Fuel (ATK) at the main airport, Kotoka International Airport in Ghana with two other Oil Marketing Companies (OMCs). The standard civil grade of aviation turbine fuel, Jet A-1, is manufactured to meet the requirements of the latest version of the Aviation Fuel Quality Requirements for Jointly Operated Systems (AFQRJOS) "Check List." Tema Oil Refinery (TOR) Limited is the only refinery in Ghana with a processing capacity of 45,000 barrels of crude oil per day. It is authorized by its regulators to process crude oil and market petroleum products. The refinery is situated in Tema about 24 kilometers east of the capital, Accra. It was originally named the Ghanaian Italian Petroleum (GHAIP) Company and incorporated as a Private Limited Liability Company under the Companies Ordinance (Cap 193) on December 12, 1960.  It was 100% owned by the ENI Group (Ente Nationalie Indrocarburi) of Italy but in April 1977, the Government of Ghana bought all the shares of GHAIP and became sole shareholder. In 1990, the name was changed to the Tema Oil Refinery (TOR).
 

For information on Ghana Fuel Provider contact details, please see the following links: 

4.7 Ghana Fuel Provider Contact List

4.1 Ghana Government Contact List

Information may also be found at: http://www.mytravelcost.com/petrol-prices/ which is updated monthly.


Fuel Pricing

The National Petroleum Authority (NPA) on June 16, 2015, issued a statement announcing the first process towards the implementation of the first stage of price deregulation. The NPA has subsequently directed OMC and LPG Marketing Companies (LPGMCs) to submit their indicative ex-pump prices to NPA two days before every pricing window. The indicative ex-pump prices submitted by an OMC or LPGMC would represent its maximum indicative price for the two-week period – first to 15 and 16 to the end of the month. The NPA also directs all Petroleum Service Providers to ensure that ex-pump prices of products remain the same at all its retail outlets throughout the country at any given particular period.   

Fuel Prices as of: 01.03.2016 (local currency and US$)

Petrol (per litre)

 3.279 Cedis / 0.856 US$

Diesel (per litre)

 3.199 Cedis / 0.835 US$

Paraffin (per litre)

 2.389 Cedis / 0.623 US$

Jet A1 (per litre)

 2.389 Cedis / 0.623 US$


Seasonal Variations 

There are no seasonal variations affecting the availability of fuel in the country. 

Seasonal Variations

Are there national priorities in the availability of fuel? (Yes / No)

Yes

Is there a rationing system? (Yes / No)

No

Is fuel to lower income/vulnerable groups subsidized? (Yes / No)

No

Can the local industry expand fuel supply to meet humanitarian needs? (Yes / No)

Yes

Is it possible for a humanitarian organization to contract directly a reputable supplier/distributor to provide its fuel needs? (Yes / No)

Yes

Fuel Transportation

There are no constraints regarding the transportation of fuel. The current capacity can meet the local needs as well as any increases in demand from the humanitarian community.  

Standards, Quality and Testing

A central laboratory has been set up to facilitate the testing of all petroleum products meant for the local market to ensure their good quality. The laboratory, located on the premises of the Ghana Standards Authority (GSA) at Okponglo in Accra, will ensure that all petroleum products to be sold locally are of good and acceptable quality to promote safety. The set-up is a collaboration between the GSA and the National Petroleum Authority (NPA) in support of the implementation of the petroleum products marketing scheme instituted in 2014.  

Industry Control Measures

Tanks with adequate protection against water mixing with the fuel (Yes / No)

Yes

Filters in the system, monitors where fuel is loaded into aircraft (Yes / No)

Yes

Adequate epoxy coating of tanks on trucks (Yes / No)

Yes

Presence of suitable fire fighting equipment (Yes / No)

Yes

Standards Authority

Is there a national or regional standards authority? (Yes / No)

Yes

If yes, are the standards adequate/properly enforced? (Yes / No)

Yes

Testing Laboratories

Are there national testing laboratories? (Yes / No)

Yes

Fuel Quality Testing Laboratory

Name 

Ghana Standards Authority, Petroleum Laboratory

Address

P.O. Box MB 245 Accra - Ghana

Telephone and Fax

Tel: +233302506991 -5, 500065/6

Fax: +233302500092 / 500231

Contact

Executive Director

Standards Used

  • GS 140 2013 [Specification for Petrol (Gasoline)]
  • GS 141 2013 [Specification for Diesel (Gasoil)]
  • GS 142 2009 [Specification for Kerosine]