The Bulk Oil Storage and Transportation companies (BOST) is set to launch a new system to help end challenges Bulk Oil Distributing Companies (BDCs) face trying to access fuel from their depots.
BDC’s currently struggle to access fuel from different depots other than where they lodged their products.
The situation considerably impacts the operations of BDCs thus increasing the cost of operations with regards to the transportation of fuel products.
But BOST is hopeful that its new system will help mitigate such challenges.
Speaking to Citi Business News, after meeting with BDCs on Wednesday, George Okley, the Managing Director of BOST said their new system will improve distributors access and reduce the cost of transporting products over long distances.
“If somebody brings a product to APD, the product would have to be transferred to Kumasi before you could get access to it. But we are saying that the moment you put it [fuel] into our system, you should be able to draw it anywhere, but the IT portal that NPA operates and Customs do not allow this process,” Mr. Okley said but was hopeful that its new system will help address such bottleneck.
