BOSTEnergies Limited has clarified that a reduction in fuel export volumes to Burkina Faso and Mali does not reflect an imminent fuel shortage in Ghana.
The company said the reduction in regional exports is largely due to ongoing revamp works at its Bolgatanga depot, which serves as its northern gateway to the Sahelian market.
The clarification follows media reports based on comments by BOSTEnergies Managing Director, Afetsi Awoonor, during an interview with Reuters on the sidelines of an energy conference in Bangkok.
Mr Awoonor was quoted as saying the company was “managing our export business to ensure that we have enough for the country first.”
In a statement issued on Thursday, September 17, 2026, BOSTEnergies said the comment was published without the fuller context and had created an inaccurate impression that Ghana was facing an imminent fuel shortage.
“For the avoidance of doubt and in the interest of accuracy, BOSTEnergies wishes to correct an inaccurate implication carried by the published report that the reduction in regional export volumes reflects an imminent fuel shortage in Ghana,” the company said.
BOSTEnergies stressed that there was no imminent fuel shortage in Ghana and said no rationing of available fuel had been introduced to safeguard local supply.
According to the company, the reduction in exports to Burkina Faso and Mali amid fluctuations in the international market is primarily linked to the ongoing rehabilitation of the Bolgatanga depot.
It also clarified that no political, security or diplomatic considerations influenced the decision to reduce the export volumes.
Under normal operating conditions, BOSTEnergies said it transports fuel for regional exports through an integrated network of pipelines and barges connecting its depots from southern Ghana to the north.
The company said the system enables it to supply the regional market at competitive prices while meeting its commercial requirements.
With the Bolgatanga depot undergoing revamp and nearing completion, BOSTEnergies said it has maintained regional supplies by transporting products in Bulk Road Vehicles (BRVs) from its coastal depot in Tema.
The company said it was undertaking this while ensuring equitable access to fuel across demand zones in Ghana.
BOSTEnergies said full regional supply capacity would be restored once the Bolgatanga depot revamp is completed.
The company reaffirmed its commitment to supporting regional fuel security through reliable and commercially sustainable supply arrangements.
It added that it was working with government and regulatory partners to expedite completion of the Bolgatanga depot.
BOSTEnergies also pledged to continue engaging the media and the public transparently on developments affecting Ghana’s downstream petroleum sector.
