NPA holds downstream compliance workshop for industry players

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A three-day downstream compliance workshop to equip managers and supervisors of oil marketing companies (OMCs) with industry-related information began in Accra on Tuesday.

Organised by the National Petroleum Authority (NPA) Business Development Department, the workshop seeks to improve OMCs’ compliance with the Authority’s regulatory requirements and avoid sanctions.

Opening the workshop, a Deputy Chief Executive of National Petroleum Authority (NPA), Mrs. Linda Asante, said the Authority is ready to provide industry players with all the information needed to comply with operational requirements.

She said the Authority’s doors are open for them to walk in any time for information, and cautioned them against going through any third party.

Besides, Mrs. Asante said, they can visit the Authority’s website for any needed information.

“Our doors are always open for you to get all the information needed. You don’t need ‘goro boys’. Don’t fall prey to any unscrupulous individuals,” she said.

Mrs. Asante noted that the downstream had witnessed challenges since the COVID-19 period, characterised by exchange rate fluctuations and increases in prices of petroleum products.

She said the NPA has made the sector robust and resilient with the collaboration of industry players.
In his remarks, the CEO and industry coordinator-Association of Oil Marketing Companies, Mr. Kwaku Agyemang-Duah, noted that compliance plays a vital role in the success and sustainability of businesses.

He said the workshop afforded industry players an opportunity to share ideas on how to address compliance challenges.

Mr. Agyemang Duah therefore lauded the Authority for organising the workshop to provide industry players with information needed to ensure compliance.

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