The Minister for Energy and Green Transition, John Abdulai Jinapor, held a stakeholder meeting with key players in the petroleum industry to address concerns over laycan management and push forward with critical downstream reforms.
The meeting brought together representatives from major institutions including the National Petroleum Authority (NPA), Chamber of Bulk Oil Distributors (CBOD), Tema Oil Refinery (TOR), Bulk Oil Storage and Transportation Company (BOST), Chamber of Oil Marketing Companies (COMAC), the Chamber of Petroleum Consumers (COPEC), Africa Centrer for Energy Policy (ACEP) and other industry stakeholders.
Central to the discussion was the need to optimize the management of laycan to enhance the efficiency of the petroleum supply chain.
Mr Jinapor stressed the importance of stricter coordination and adherence to laycan schedules, while acknowledging the operational difficulties industry players face.
“As Minister, I take full responsibility for the challenges associated with laycan management. I am not here to pass the blame. I’ve listened to your concerns, and you have my assurance that we will soon release a comprehensive roadmap to tackle the issues,” he said.
Beyond laycan-related concerns, the engagement also focused on accelerating downstream reforms aimed at modernizing the sector, boosting efficiency and ensuring the consistent availability of petroleum products across the country.
To support these efforts, Mr Jinapor announced government plans to expand and upgrade infrastructure, including the construction of an additional mooring system to ease existing bottlenecks at the discharge point.