Bulk Oil Storage and Transportation Company Ltd (BOST) is a

Ghanaian Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in Ghana–Ivory Coast border, the west, Burkina ...

state agency A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government The machinery of government (sometimes abbreviated as MoG) is the interconnected structures and proc ...

under the

Ministry of Energy and Petroleum The Ministry of Energy and Petroleum (Abbreviation: MoEP) is the government ministry in charge of extending and ensuring a continuous supply of energy services to every division of the Ghanaian economy in an energy sufficient, environmentally ...

responsible for the development of a network of storage tanks, pipelines and other bulk transportation infrastructure throughout the country and also to keep strategic reserve stocks of petroleum for Ghana. The company is now tasked with an additional responsibility as the Natural Gas Transmission Utility (NGTU) to develop the Natural Gas infrastructure throughout the country.

History

Bulk Oil Storage and Transportation Company Limited (BOST) was established in December 1993 as a private liability company with the sole shareholder being the

Government of Ghana The Government of Ghana was created as a parliamentary democracy, followed by alternating military and civilian governments in Ghana. In January 1993, military government gave way to the Fourth Republic after presidential and parliamentary electi ...

. BOST is the distributor of refined petroleum products from its strategic depots located throughout the country. On 9 December 2012 the company was granted Natural Gas Transmission Utility License (NGTU) by the

Energy Commission In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat an ...

(EC). The NGTU according to EC Act 541, 1997, provides transmission and interconnection services for natural gas throughout the country without discrimination.

Functions

BOST is responsible for developing pipelines and storage containers for the transportation of petroleum products and the storage of reserves. The company is also responsible for the transportation, distribution and storage of petroleum products in Ghana.

References

{{authority control Government agencies of Ghana

History

Functions

See also

References