EMEA News
GOIL Commissions $15 Million Bunker Storage Facility at Takoradi
The Ghana Oil Company Limited (GOIL) has opened a $15 million MGO storage facility at the Takoradi Port, local media reports.
As Ship & Bunker has previously reported, the tank terminal was developed amid hopes that the port will become the new bunkering hub within the West African sub-region.
The 13.5 million litre capacity facility is set to supply MGO to vessels calling at the Takoradi Port.
"The supply of the marine gas oil is to meet the expected increase in the number of vessels expected to berth at the harbour," said Patrick Akorli, Managing Director and Group CEO for GOIL, at the storage facility's commissioning.
"GOIL seized the opportunity, having understood the requirements of the industry to undertake feasibility studies and appraisals."
As Ship & Bunker reported in May, in addition to increased revenues for GOIL and the Ghana Ports and Harbours Authority (GPHA), both companies are reported to have hopes that the terminal's development will lead to reduced operational costs for shipping companies operating within the region.
