BusinessHeadlineOil & Gas/Mining

Ghana didn’t breach any law in receiving crude oil for Ukrainian-owned oil refinery in Tema, says source

On 21 February 2023, the NPA received a request from Platon Gas Oil Refinery to discharge about 80,000MT (equivalent to 600,000 barrels) of crude oil through the Tema port

Ghana did not breach any law in receiving crude oil for a Ukrainian-owned oil refinery in Tema, a source pointed to an opinion by the Attorney General and Minister of Justice.

Asaase News can confirm that the receipt of that crude oil, which has since been discharged for processing at the Platon refinery in Tema, breaches no law that can attract sanctions for the country.

It would be recalled that on 21 February 2023, the National Petroleum Authority (NPA) received a request from Platon Gas Oil Refinery to discharge about 80,000MT (equivalent to 600,000 barrels) of crude oil through the Tema port, to be stored in TOR’s storage tanks on behalf of Platon Gas Oil, the owners of the crude for their refinery.

Asaase News’s checks indicate that Platon is a Ukrainian-owned small oil refinery based in Tema.
Even before the vessel berthed at the Tema harbour on 24 February, news broke in the international media, notably Bloomberg, alleging that a vessel MT Theseus carrying crude oil from Russia was to be stored in tanks in Ghana.

Checks also showed that the stated origin of the crude oil is Aktau, Kazakhstan, with the shipper of the cargo being a company operating from Hong Kong.

It has also been revealed that Ghana would not have breached any EU law, notably the 6th and 8th EU sanctions, in receiving the said crude oil.

The 6th package of EU sanctions, which took effect on crude oil contracts after 5 December 2022, applies to EU Member States and EU-registered vessels which carry crude oil originating from Russia to third countries, like Ghana, and it applies only to EU countries selling Russian oil to third party countries.

The related 8th package of EU sanctions puts a cap on the prices applicable to seaborne crude oil originating from Russia.

Asaase Radio 99.5 broadcasts on radio via 99.5 in Accra, 98.5 in Kumasi, 99.7 in Tamale, 100.3 in Cape Coast and on our affiliates Bawku FM 101.5 in Bawku, Beats FM 99.9 in Bimbilla, Somua FM 89.9 in Gushegu, Stone City 90.7 in Ho, Mining City 89.5 in Tarkwa and Wale FM 106.9 in Walewale
Tune in or log on to broadcasts 
online: www.asaaseradio.com, Sound Garden and TuneIn
Follow us on Twitter: @asaaseradio995
Live streaming: facebook.com/asaaseradio99.5. Also on YouTube: Asaase Radio Official.
Join the conversation. Call: 020 000 9951 or 059 415 7777. Or WhatsApp: 020 000 0995.

#AsaaseRadio
#TheVoiceofOurLand

Show More

Related Articles

Back to top button

Adblock Detected

ALLOW OUR ADS