The National Petroleum Authority (NPA) has issued a strong warning to operators of fuel stations without the required licenses, stating that such facilities face immediate shutdown and possible decommissioning.
The move is aimed at eliminating illegal operations and reinforcing adherence to regulations in the downstream petroleum sector.
In a statement, the NPA reiterated its mandate under the National Petroleum Authority Act, 2005 (Act 691), as amended, to oversee all commercial activities relating to the storage, distribution, and sale of petroleum products.
The Authority explained that, in accordance with the law, only Ghanaians or foreign entities in registered joint ventures with Ghanaian partners that meet local content and participation requirements are eligible to obtain licenses.
“Section 12 of Act 691 as amended states that ‘A license under this Act may only be granted to (a) a Ghanaian, or (b) a foreign company in a registered joint venture relationship with a Ghanaian in accordance with the Ghanaian content and Ghanaian participation requirements.
The Act also states that a license issued under this Act shall be conspicuously exhibited by the licensee in a prominent place on the business premises,’” the statement said.
The NPA stressed that enforcement of these provisions is key to safeguarding public safety, protecting consumers, and maintaining trust in Ghana’s regulated petroleum supply chain, particularly as energy demand continues to rise and the market expands.
Source: Adomonline.com
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