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The Association of Oil Marketing Companies (AOMCs) launched their Safety Week Celebration dubbed ASWEC 2017 on Monday, 22nd May, 2017 on the theme "Petroleum Safety, it's your right!" The Campaign which has Bidi Group as the main sponsor, is being organised to help stem the tide of growing incidents in the downstream petroleum industry and involves a lot of activities as follows;

 

DAY ACTIVITY TARGET GROUP VENUE
MON. 22ND MAY 2017

Launch of Programme (10:00AM-12:00PM)

  • Guest Speaker

  • Special Guests of Honour

AOMCs Members/media, etc.

AOMCs Office

Daily Safety Campaign;

  • Day 1: Forecourt Safety (Product knowledge-hazards associated with white products) – Personnel from Total

  • Day 2: Forecourt Safety (Product knowledge-hazards associated with LPG) – Otu Larbie

  • Day 3: What is expected of employees of OMCs/LPGMCs & the general public - Tizard Ansah

AOMCs Members Airwaves
TUE. 23RD MAY, 2017
  • Launch of safety program “Forecourt Day” by OMCs/LPGMCs at their various retail outlets (9:00AM-10:00PM)
    • Train their personnel at the forecourt/LPG refilling plant on safety for 15-20 minutes

  • Time with the Media (10:00AM-12:00PM)
    • Presentation of station regulations by EPA, NPA, Fire, FID & TCPD

AOMCs Members/stakeholders

Retail Outlets

   AOMCs office

WED. 24TH MAY 2017
  • Safety Training for AOMCs members (CIE) (10:00AM-1:00PM) - Forecourt/LPG refilling plant safety – Total & Otu Larbi
AOMCs Members/stakeholders AOMCs office
FRI. 26TH MAY, 2017
  • Open forum (9:00AM-11:00AM)
    • Station tour (safety measures at stations) – Visit 3 retail outlets including an LPG refilling plant

  • Thanksgiving service at the mosque – in remembrance of people who have died over the years (1:00PM)

AOMCs Members/stakeholders

Selected Retail Outlets

Central Mosque

SUN. 28TH MAY, 2017
  • Interdenominational thanksgiving service – In remembrance of people who have died over the years (9:00 AM)
AOMCs Members/stakeholders Ridge Church

 

The National Petroleum Authority (NPA) has disclosed that Ghana loses about 850 million cedis annually in taxes, due to the increased activities of fuel smugglers into and out of the country.

The illegal act is said to involve operators who ply their business at the ports by fuelling tanks with fuel products brought into the country via unapproved routes.

The second category of the illicit trade is carried out by businesses who apply under the pretext of exporting petroleum products but end up selling them within Ghana, thereby evading some taxes.

The Chief Executive of the NPA, Hassan Tampuli confirmed the worrying development to Citi Business News after a visit to the Tema port led by Deputy Finance Minister, Kweku Kwarteng on Thursday.

“We estimate that about 250,000 metric tonnes of losses in terms of petroleum products get to this country and that is estimated to cost the country 850,000,000 cedis,” he said.

Mr. Tampuli added, “NPA considers this as a great concern and we have engaged all stakeholders involving the security agencies and the Ministry of Finance.” According to the NPA boss, the vessels believed to be perpetrating the act berth at the Harbour under the guise of dislodging sludge (which is dirty oil) but actually discharge diesel or petrol to directly into fuel tankers parked at shore.

The industry regulator is also alarmed over concerns that some of these products could be coming from pirated sources. To commence the clampdown, the NPA has directed that, “No vessel be allowed to discharge petroleum products at the Tema port, main harbor, fishing harbor or dry dock.”

Commenting on businesses flouting the provisions guiding the export of petroleum products to neighbouring Burkina Faso or Mali, Mr. Tampuli asserted that the relative cheaper prices quoted by the miscreants distort the market as their prices make genuinely sanctioned ones expensive for the consumer.

As a result, the NPA, together with the Finance Ministry have reiterated the enforcement of the new tax exemption rules to curb the abuse of the current provisions.

 

http://m.peacefmonline.com/pages/business/economy/201704/313120.php

 The National Petroleum Authority (NPA) has disclosed that Ghana loses about 850 million cedis annually in taxes, due to the increased activities of fuel smugglers into and out of the country.The illegal act is said to involve operators who ply their business at the ports by fuelling tanks with fuel products brought into the country via unapproved routes.The second category of the illicit trade is carried out by businesses who apply under the pretext of exporting petroleum products but end up selling them within Ghana, thereby evading some taxes.The Chief Executive of the NPA, Hassan Tampuli confirmed the worrying development to Citi Business News after a visit to the Tema port led by Deputy Finance Minister, Kweku Kwarteng on Thursday.“We estimate that about 250,000 metric tonnes of losses in terms of petroleum products get to this country and that is estimated to cost the country 850,000,000 cedis,” he said.Mr. Tampuli added, “NPA considers this as a great concern and we have engaged all stakeholders involving the security agencies and the Ministry of Finance.” According to the NPA boss, the vessels believed to be perpetrating the act berth at the Harbour under the guise of dislodging sludge (which is dirty oil) but actually discharge diesel or petrol to directly into fuel tankers parked at shore.The industry regulator is also alarmed over concerns that some of these products could be coming from pirated sources. To commence the clampdown, the NPA has directed that, “No vessel be allowed to discharge petroleum products at the Tema port, main harbor, fishing harbor or dry dock.”Commenting on businesses flouting the provisions guiding the export of petroleum products to neighbouring Burkina Faso or Mali, Mr. Tampuli asserted that the relative cheaper prices quoted by the miscreants distort the market as their prices make genuinely sanctioned ones expensive for the consumer.As a result, the NPA, together with the Finance Ministry have reiterated the enforcement of the new tax exemption rules to curb the abuse of the current provisions.

 
Mr Kwaku Agyemang-Duah

By Francis Ameyibor, GNA

Accra, April 13, GNA – The Association of Oil Marketing Companies (AOMCs) has lauded government’s effort to instilling discipline in downstream oil marketing sector and to ward-off infiltrators whose nefarious activities cause the nation to lose millions of cedis in tax revenue.   

The government lost revenue in excess of $500 million in 2016 through the illegal activities of Petroleum Black Market dealers.

The Association is therefore working in cooperation with the National Petroleum Authority (NPA), Ministry of Energy, Ministry of Finance and National Security to deal with illegal offshore and onshore oil Petroleum Black Market dealers to save the country and protect the interest of Oil Marketing Companies (OMC).

Mr Kwaku Agyemang-Duah, AOMC Industry Coordinator in an interview with the Ghana News Agency, explained that unscrupulous and irresponsible Ghanaians and foreigners have entered into the petroleum sector (Petroleum Black Market dealers) whose operations are inimical to the economy.

He said investigations have established that the Petroleum Black Market dealers engage in some illegal oil ships deal on the high seas in order to avoid the payment of taxes whilst others claims to be exporting the products to the land lock countries only to divert and sell the products locally.

According to the tax regulations, petroleum products being exported to the land lock countries does not attract taxes from Ghana.

Mr Agyemang-Duah admitted the existence of clandestine oil market transactions across the country, who after invading taxes and diverting the products sells it cheaply in “yellow gallons,” at vantage points and also on table tops.

He said the AOMC is working in cooperation with other sector actors to target any buyer of what it considers illegal petroleum products, “we are teaming up with relevant state authorities to toughen tactics against illegal oil operators”.

He said in a country where oil constitute large per cent of government’s budget, illegal deals, diversion of export products, and evasion of taxes is a potential threat to national revenue mobilization.

Mr Agyemang-Duah noted that the illegal operations is also affecting negatively the market share and investments of OMCs; “Not only is government losing tax revenue, scores of OMCs are also losing out as a result of sale of cheap products in the market and we are at the point of declaring employees redundant.

“The motoring public is also endangered for patronizing these ‘yellow gallon’ fuel as its quality cannot be guaranteed…operators do not also observe environment and safety measures, you buy cheap fuel at the peril of your life,” he said.

The Association is an industry association and a private initiative by the oil marketing operators in Ghana. “We are an advocacy institution established to help direct downstream policy, legislation and regulation and pursue research towards the development of the downstream sector”.

It also represents the collective interests of the companies involved in the oil marketing and petroleum products in Ghana, coordinating with the major Stakeholders in the Industry which include: Ministry of Petroleum, Ministry of Finance, Bank of Ghana, NPA, The Energy Commission, Environmental Protection Agency, Tema Oil Refinery, Revenue Agencies Governing Board, Ghana Standard Board, Ghana Fire Service, and Bulk Oil Storage and Transportation Company Limited.

GNA

Fuel Nozzle pix

By Francis Ameyibor, GNA

Accra, April 26, GNA – Scores of Oil Marketing Companies (OMCs) on Wednesday called on the National Security to tighten the noose around Petroleum Black Market dealers whose infiltration into the sector posed a great risk to the national economy.

Mr Henry Akwaboah, Managing Director of Engen Ghana Limited told the Ghana News Agency in an interview that, the growing Petroleum Black Market trade could disrupt the national economy, if not properly checked.

He said the total national petroleum consumption for 2015 was 4,341,519,247 volumes of litres. Based on developmental trend for 2016, which was also an election year and therefore forecasted to stimulate vitality on the economic front the general projection for petroleum consumption was pegged at 3 per cent increment over the 2015 figures.

He said based on 2015 volumes of sales, projected estimates volumes of sales of petroleum products for 2016 should have hit 4,471,764,824 litres but sadly the consumption for 2016 dropped significantly to only 4,051,101,969 volumes of litres.

In effect, over 420,662,855 volumes of litres was not sold through official channels; “this strategically was due to the activities of Petroleum Black Market dealers with active support of some unscrupulous security operatives.

“Ghana lost huge sums of money in terms of tax revenue as per official petroleum tax - Special Petroleum Tax GH¢132 million was lost to the nation; Energy Debt Recovery Levy about GH¢123 million; and the Road Fund levy about GH¢120 million”.   

Mr Akwaboah said in spite of the drop in volumes of litres sold through mainstream channels, export volumes grew by 400 per cent; he added that products loaded as exports strangely through the black market dealers ended up being sold in the country.

He explained that the Government of Ghana removed all taxes on petroleum products meant for exports to the main trading land lock countries; “the petroleum black market dealers’ mode of operating is to register and load tanker trucks for export.

Mr Akwaboah suggested that all petroleum products for both local and export market should attract the same tax, but the caveat should compel all exporters to provide evidence of export of the product for a refund.

On the security front, the Engen MD suggested a multi-stakeholder approach to make petroleum black market dealing a high economic crime, “we should raise the risk associated with dealing in the dark.

“Security must scale-up its monitoring role and adopt other undisclosed manoeuvring tactics to outwit the bad elements within, especially those at the borders who aid petroleum black market dealers”.

He also suggested that fuel tanker trucks transporting petroleum products to the land lock countries must be fixed with a tracking device to ensure that the National Petroleum Authority (NPA) monitors its operations from the point of loading to the point of discharging.

Meanwhile, the Association of Oil Marketing Companies (AOMCs) has reiterated an operation to combat Petroleum Black Market dealers to save the country from continuous loss of tax revenue.

The AOMCs combat against Petroleum Black Market dealers also aimed at protecting OMCs, whose volumes of fuel sales has taken a dose dive, Mr Kwaku Agyemang-Duah AOMCs Industry Coordinator told the GNA in an interview in Accra.

He said the AOMCs combat against Petroleum Black Market dealers would involve multi-stakeholder operations to make illegal petroleum activities a high-risk adventure in the country.

Mr Agyemang-Duah said the operation would also unmasked all those personalities including politicians, security operators, few OMCs, and any other entity who are supporting and benefiting from the illegal trade at the expense of the state and genuine OMCs. 

“For strategic security reasons, the date for the operation would not be announced, as we speak now, operatives are on the ground especially in the Northern, Upper East, Upper West, Brong Ahafo and Ashanti Regions gathering data on these unscrupulous nation wreckers.

“We caution all security personnel who have been compromised by these Petroleum Black Market dealers to watch-out as very, very soon they will be exposed to face the full power of the laws.

“...it’s very ironic that security operatives paid from the tax-money generated, to protect the nation, would stoop so low to collaborate with fraudsters to cheat the nation,” Mr Agyemang-Duah noted.

Scores of OMCs told the GNA of their intentions to join the illegal trade if the situation persist; “we are losing millions of Cedis, we cannot sell our products, it’s locked up in the underground tanks yet we pay taxes.

“We are confronted with huge operational cost; the banks are also chasing us for payment of loans contracted. If you cannot beat them join them, we are contemplating on all these options,” an operator told GNA.

The OMCs therefore pledged their full support to the Association and Government for the effort to combat against Petroleum Black Market dealers.

GNA investigations also indicates that the AOMCs, the National Petroleum Authority, Ministry of Finance, Ministry of Energy, National Security and other stakeholders are discussing the issues to map-up holistic strategy to support the combat against Petroleum Black Market dealers.              

GNA

AOMCs organized a breakfast session for MDs/CEOs of OMCs/LPGMCs on Wednesday, 12th April, 2017 at the Golden Tulip Hotel, Accra to delibrate on industry issues. The session was steered by four (4) Lead Discussants and a Moderator.

WhatsApp Image 2017 04 13 at 11.54.56

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