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BOST investigates $23M oil depot delays, impacting Ghana's petroleum sector and investor confidence.
BOST, Ghana's oil storage company, is investigating a delayed $23 million depot upgrade that has caused significant disruptions.
The project, contracted to Automation Services Limited (ASL), has faced delays and extensions despite payments, leading to the interdiction of BOST's General Manager for poor oversight.
The delays have forced the National Petroleum Authority to suspend its zonalisation policy, causing increased transportation costs and inefficiencies.
Industry experts warn this could harm investor confidence in Ghana's petroleum sector.
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BOST investiga retrasos en el depósito de petróleo de $23 millones, afectando al sector petrolero de Ghana y la confianza de los inversionistas.