BusinessOil & Gas/Mining

NPA boss: I’ll ensure industry players adhere to rules and regulations

Some players in the downstream petroleum industry have promised to strengthen their relationship with the National Petroleum Authority (NPA) to ensure the growth of the industry

Dr Mustapha Abdul-Hamid, chief executive of the National Petroleum Authority (NPA), has assured that his primary objective is to ensure rules and regulations are adhered to by players in the petroleum downstream industry.

He said that is the only way the industry will achieve its vision, whilst players enjoy the full benefits of the industry.

Dr Abdul-Hamid was addressing the management of Puma Energy Ghana Ltd and Blue Ocean Investment Limited led by its group managing director, Henry Osei, Dr Abdul-Hamid said he aims to ensure all players are satisfied with the regulations governing the industry.

The visit was to welcome the new chief executive of NPA and also congratulate him on his assumption into office.

The meeting deliberated on the Group’s investment in the petroleum downstream industry such as; being the first company to establish a cylinder bottling plant which is at 95% completion stage and the enhanced Kotoka International Airport aviation fuel depot which added a storage capacity of 10,000 metric tonnes to the existing 750 metric tonnes.

Dr Abdul-Hamid assured the industry he was going to ensure players were abiding by the rules in the industry.

Henry Osei, the group managing director, Blue Ocean Investment Limited, said the group was looking forward to strengthening its relationship with the NPA and indicated that “as a key stakeholder of the industry, we will lend our support to you as you take over as the new chief executive.”

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