Source: Kwesi Arhin, Contributor2020-12-21
Bulk Distribution Companies proposal for alternative mooring facility reaches Cabinet - NPA
The Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Hassan Tampuli, has said a proposal by Bulk Oil Distributors for an alternative Conventional Buoy Mooring (CBM) facility has been sent to cabinet for possible approval.
He said the Attorney General, Madam Gloria Akuffo, has given her opinion on the issue and a decision will be taken in due course.
Mr. Tampuli’s comments come after a long wait by players in the downstream petroleum sector who have been pushing for an alternative mooring facility which is being spearheaded by Pexus Mooring Limited, an SPV set up by the Ghana Chamber of Bulk Oil Distributors (CBOD) for the development of a Single Point Mooring (SPM) facility. They have insisted that the alternative facility would be a useful and necessary back-up facility for the existing mooring facility which was built in 2006.