The Bulk Oil Storage and Transportation - BOST has been tasked by the government to ensure the distribution and sale of the first consignments of the Gold for Oil products received over the weekend to the oil marketing companies.

The Government of Ghana took delivery of the first consignment of the gold for oil deal reached with the United Arab Emirates.

The 40,000 metric tons of oil arrived at the Tema port on Sunday, January 15, 2023, according to the Ministry of Lands and Natural Resources.

Dr Kabiru Mahama the Technical Advisor to the Vice President in an interview with Sompa News said The Energy Ministry, the Bulk Oil Storage and Transportation will formulate plans to ensure the distribution and sale of the products to the Oil Marketing Companies in the country.

He stressed that the Gold for Oil initiative has come to stay because measures have been put in place to sustain it and this according to him, will help reduce fuel prices in the country.

Source: Ghana/Sompaonline.com/Nana Yaw Boamah