The local content unit will monitor and ensure that local content standards in the downstream petroleum sector.
The National Petroleum Authority ensure that the (NPA) plans to construct a local content unit at its main office to enforce local content standards in the downstream petroleum sector. The NPA has conducted local content initiatives which increased the number of participation by local companies in the petroleum downstream sector.
The NPA Act Section 12 makes sure that before NPA grants a license to a person to engage in a business or commercial activity in the downstream industry, he or she must be a citizen of Ghana. If a foreign company or an individual is in partnership with a Ghanaian company or a citizen of Ghana, they should have at least per cent shares and must be held by a Ghanaian citizen before the grant and issue of licence by NPA.
The Minister of Energy, Dr. Mohammed Amin Adam, acclaimed GOIL for leading the crusade in promoting local content which is a priority of government, adding that government will support such initiatives that seek to give a helping hand to the policy. He added that the project, was in line with government’s policy of making quality petroleum products available at affordable prices to fuel the economy.
Patrick Akorli, Managing Director and Group Chief Executive Officer (CEO) of GOIL, explained that the marine gas project was borne out of the realization that with the oil find, vessel activity would increase in the Takoradi Oil enclave. Mr. Korli said, “The supply of the marine gas oil is to meet the expected increase in the number of vessels expected to berth at the harbour.” PWKD13042017