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Energy Quest, the TV/web magazine talk show series first episode was aired last Sunday, 31st January 2021. This first episode dubbed “Petroleum Price Deregulation”, focused on Ghana’s journey so far since the implementation of the Deregulation Policy in June 2015. Has it been beneficial or detrimental?
In an interview with Mr Michael Bozumbil, CEO of Petrosol Ghana, he spoke on the benefits enjoyed by the consumer and the government. He concluded by saying as private sector operators, they can plan and ensure that the products are brought in consistently to enable them to have consistent and regular business operations.
The CEO of the Chamber of Bulk Oil Distributors, Senyo Hose explained that the positive thing for its members is that there are no more government legacy debts, affecting business continuity,however, it has resulted in intense competition, that has eroded their margins.