The National Petroleum Authority, (NPA), has said the two companies alleged to have purchased the over 5 million litres of contaminated fuel from the Bulk Oil Storage and Transportation (BOST), were not licensed to engage in that transaction.
According to the NPA, it will take legal action against the firms, whiles “it conducts further investigation to determine the actual quantity and quality of the products received at the facility of Zup Oil.”
In a statement signed and issued on Tuesday, by acting CEO of NPA, Alhassan Tampuli, the NPA said after its initial investigations into the incident “We wish to assure the general public that the NPA is keenly monitoring the situation and shall keep the general public updated on the development."
It said the NPA has intensified its monitoring activities of the petroleum products retail outlets nationwide to ensure the quality of the fuel sold to consumers is not compromised.
“Additionally, the NPA has noted that, Movenpinaa Energy and Zup Oil are not licensed to undertake any commercial activity in the downstream petroleum industry. Their activities therefore infringes on section 11 of the National Petroleum Authority Act, ACT 691, 2005.
"Accordingly, the NPA will take appropriate legal action against the said companies” the NPA’s statement said.
Ghana News Headlines
For latest news in Ghana, visit Graphic Online news headlines page Ghana news page
“Officials from the NPA visited the location (Zup Oil) at Gulf-City, Tema on 27th June, 2017. Documentation presented to the officials suggested that all the ten BVRs were offloaded at the facility. However, this is subject to confirmation. In this regard, the NPA is conducting further investigation to determine the actual quantity and quality of the products received at the facility of Zup Oil. Meanwhile samples of the product from the tanks have been taken for analysis and the tanks sealed to prevent tampering,” the statement said.