BOSTenergies ready to power Ghana’s 24-Hour Economy with robust infrastructure

By Edward Dankwah, GNA 

Accra, May 15, GNA – Mr Afetsi Awoonor, the Managing Director of BOST Energies Limited Company (BOSTenergies) has affirmed the company’s readiness to support the implementation of the Government’s 24-Hour Economy policy. 

He assured stakeholders that BOSTenergies possesses the necessary infrastructure, systems, and operational capacity to support Ghana’s transition to a continuous 24-hour economy. 

He gave the assurance during the official launch of the 24-Hour Economy Pilot Programme for the Petroleum Downstream Industry, organised by the National Petroleum Authority, in Accra.  

Mr Awoonor noted that after more than three decades of service, BOSTenergies remains a critical artery of Ghana’s energy backbone, moving petroleum products from coastal receipt points to inland demand zones safely, efficiently, and reliably. 

He said the company’s existing depots, integrated value-chain connections and logistics corridors provide a solid foundation for round-the-clock fuel distribution.   

Mr Awoonor acknowledged the importance of the vision of President John Dramani Mahama’s 24-Hour Economy policy, emphasising that it represents a bold step towards maximising productivity and unlocking Ghana’s economic potential.  

He commended Mr John Abdulai Jinapor, the Minister for Energy and Green Transition, for the Ministry’s commitment towards strengthening the energy sector to support the successful implementation of the policy.   

He noted that no nation can successfully operate a 24-hour economy without a 24-hour, reliable energy backbone.  

The CEO said energy was the lifeblood of the 24-hour economy, and it was the reason BOSTenergies has invested deliberately in storage, transmission, and logistics infrastructure to ensure that fuel was available, accessible, and secure always since its inception.   

He commended Mr Edudzi Kudzo Tameklo Esq, the Chief Executive Officer of NPA, saying the initiative by the Authority sends a powerful signal that the regulator was not merely supervising the sector but actively working to unlock the true promise of the 24-hour programme. 

He said this extends beyond working at night to unlocking dormant national capacity to ensure productivity through the utilisation of the already existing national assets.   

 Mr Awoonor said partnership remains cardinal for the successful Implementation of the 24-Hour Programme in the downstream sector and for the regulator to lead the collaboration between the relevant stakeholders remains very commendable.   

He called for a close partnership with the security agencies, customs authorities, regulators, and all relevant stakeholders to ensure that extended-hour operations remain safe, coordinated, compliant, and efficient.   

He said no single institution can build a 24-hour economy alone, thus, it must be a shared national effort even as they seek to optimise their infrastructure, strengthen their productivity, and compete more aggressively in the modern global economy. 

GNA 

Edited by Benjamin Mensah