Energy Minister lauds BOST for working to improve strategic reserves

The Minister for Energy and Green Transition, John Abdulai Jinapor, has lauded the leadership of Bulk Oil Storage and Transportation (BOST) for injecting new levels of efficiency into the company’s operations and contributing meaningfully to the ongoing transformation of Ghana’s energy sector.

Speaking at the Government Accountability Series on July 16, 2025, John Jinapor highlighted a number of reforms and achievements made in the past seven months.

He cited visible improvements at BOST and broader gains in the energy sector.

“I’m beginning to see positive trends at BOST, and we are already working to ensure that we extend a pipeline from Ghana to Burkina Faso. This will position Ghana as the main hub for Burkina to off lift petroleum products,” he said.

The sector minister praised BOST’s Managing Director [Afetsi Awoonor], and his deputy for their leadership and commitment to operational excellence.

“BOST is working very well to improve our strategic reserves, and I commend the Managing Director and his team for showing strong leadership and competence,” he stated.

Incorporated in 1993, the Bulk Oil Storage and Transportation Company Limited (BOST) serves as Ghana’s primary institution for oil storage and distribution. As a key pillar in the nation’s energy security and regional fuel logistics, BOST’s performance remains vital to the country’s energy sector development.

Touching on national energy policy, John Jinapor expressed confidence in the direction of the sector and shared key accomplishments.

“As we reflect on the past seven months, I am filled with a sense of optimism for the future of our energy sector. Together, we have made significant strides, and I am proud to share our achievements,” he noted.

He outlined three major areas of progress: First, the stabilisation of power supply, which he described as a major milestone.

“We have worked tirelessly to ensure a consistent and reliable energy supply for all Ghanaians. This has been a critical undertaking, and we have made considerable progress,” he said.

Secondly, he pointed to the strengthening of Ghana’s petroleum reserves, emphasising that recent government efforts are already yielding results.

“We have increased our petroleum reserves, and the results are beginning to show. We remain committed to expanding these efforts.”

Lastly, John Jinapor highlighted ongoing reforms aimed at transparency and accountability in the energy sector.

“We have launched a comprehensive initiative to clean up the energy sector, tackle corruption, and promote transparency,” he stated.

In his closing remarks, the energy minister called for continued collaboration among stakeholders to build on the current momentum.

“I am confident that we will continue to build on these achievements for a brighter energy future,” he concluded.