The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that government has initiated processes for the construction of a new Offshore Mooring Facility to address infrastructure challenges affecting Ghana’s downstream petroleum sector.
During his visit to the National Petroleum Authority (NPA) on Wednesday, October 15, Dr Jinapor explained that the project would significantly ease the infrastructure burden and reduce costs associated with fuel importation and distribution.
“This project is expected to significantly ease the infrastructure burden, address the bottlenecks, and reduce laycan-related costs and delays,” he said.
He acknowledged that the sector has long faced operational challenges, particularly those relating to laycan allocation and demurrage.
“Challenges such as laycan allocation and delays in discharge leading to demurrage have become recurring issues, undermining efficiency in fuel importation and distribution,” he noted.
Dr Jinapor said that while the Laycan Allocation Committee had improved coordination, a more permanent solution was necessary to sustain efficiency.
“Even though the Laycan Allocation Committee has brought about some level of efficiency, as a government, we are determined to permanently resolve the challenge,” he added.
He assured that the new offshore facility, once completed, would be “a game changer for the entire downstream supply chain,” enhancing the sector’s resilience and competitiveness.
Source: Myjoyonline.com
