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BusinessGet credible news from our website - NPA urges OMCs

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Get credible news from our website – NPA urges OMCs

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National Petroleum Authority (NPA) Dampare is Ghana’s finest IGP till date – Ahafo NPP Chairmanrecently held a three-day workshop on downstream compliance in Accra, with the aim of educating managers and supervisors from oil marketing companies (OMCs) on industry-related matters.

The primary objective of this workshop, organized by the NPA’s Business Development Department, was to enhance OMCs’ adherence to the regulatory requirements established by the authority, thereby helping them avoid potential sanctions.

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Deputy Chief Executive of the National Petroleum Authority (NPA), Mrs. Linda Asante, , inaugurated the workshop and emphasised the NPA’s commitment to providing industry players with the essential information necessary to meet operational standards.

Mrs. Linda Asante, Deputy Chief Executive of the National Petroleum Authority (NPA)

She assured participants that the NPA is always available to provide them with direct information and cautioned against involving third parties in such matters.

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Mrs. Asante also encouraged OMCs to utilise the authority’s website as a valuable resource for accessing information.

Furthermore, Mrs. Asante acknowledged the challenges faced by the downstream sector during the COVID-19 pandemic, including fluctuations in exchange rates and rising petroleum product prices.

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She highlighted the collaborative efforts between the NPA and industry stakeholders to make the sector more resilient and robust in response to these challenges.

Mr. Kwaku Agyemang-Duah, the Chief Executive Officer and Industry Coordinator of the Association of Oil Marketing Companies, emphasized the significance of compliance in ensuring the success and sustainability of businesses.

He commended the NPA for organising the workshop, recognizing it as an opportunity for industry players to exchange ideas and effectively address compliance-related challenges.

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