Gold-for-oil: Chamber of Bulk Oil Distributors call for fair competitive environment
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil (G4O) programme. According to Chamber, the Bank of Ghana (BoG) underwriting the risks associated with commercial activities of the Bulk Oil Storage and Transportation company […]
CBOD is not opposed to gold-for-oil, BOST managing strategic stocks says CEO
The Ghana Chamber of Bulk Oil Distributors (CBOD) is not in any way opposed to the government’s gold-for-oil (G4O) programme, according to Chief Executive Officer, Dr Patrick Ofori. The Chamber is also not against the involvement of the Bulk Oil Storage and Transportation Company (BOST) in managing strategic petroleum stocks within the downstream petroleum sector, […]
CBOD denies reports of license non-renewal by BDCs
The Chamber of Bulk Oil Distributors (CBOD) has denied reports that some Bulk Oil Distribution Companies (BDCs) have threatened not to renew their $300,000 licenses due to the implementation of the Gold for Oil policy. The CEO of CBOD, Patrick Ofori, stated in a recent interview that no BDC has expressed such intentions and that […]
