Gov’t to crack down on fuel smuggling with new petroleum distribution measures

Navy busts shadow fuel syndicate at sea as illegal bunkering bleeds Ghana’s economy The government has announced sweeping reforms to tighten controls over the distribution of refined petroleum products, as it moves to tackle fuel smuggling, prevent revenue leakages and strengthen compliance in the downstream petroleum sector.

Forson announced that government will begin enforcing the statutory requirement for a bank guarantee before companies are allowed to lift refined petroleum products."Government will therefore enforce the statutory requirement for bank guarantee on the lifting of refined petroleum product."