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The Bulk Oil Storage and Trans...

Mr Edwin Alfred Provencal, the Managing Director (MD) of the Bulk Oil Storage and Transportation Company Limited (BOST) says the Bolgatanga depot of the Company has exported 160 trucks of petroleum products to neighbouring countries since it commenced re-exportation in March 2021.

BOLGA MD 1 He said the National Petroleum Authority (NPA) granted BOST the export licence in the early part of 2021 and it started exporting in March.

Mr Provencal was speaking to journalists in Bolgatanga after BOST held a performance assessment engagement with Civil Society Organisations (CSOs).

He said the depot would play a critical role in the economic development of the country with respect to foreign exchange reserves.

“When we consume the product locally, we pay in Ghana cedis, however, when we are going to replace the product, we have to convert the Ghana cedis to dollars and procure the product. Because our cedi depreciates sometimes, there are foreign exchange losses.

“But with the re-export, we bring in the product, add our transportation and logistics costs and some margin and export it to the landlocked countries, and they pay us directly in dollars,” the MD explained.

He noted that if the depot was fully utilised, it would have direct impact on Ghana’s economy, and said the depot was positioned to take advantage of the African Continental Free Trade Agreement.


“We are happy this depot is back and we are proud of the work that has been done by the management team and the staff of Bolgatanga depot, and we hope that they continue doing the work as they should, so that they make this country better.”

Mr Chukwnemeka Aniabonam, the Bolgatanga BOST Depot Manager said the depot was established in 1993 with 6.5 million litres storage capacity.

He said the depot used to experience evaporation losses from its tank 303 due to internal roof seal damage in 2016 which was subsequently repaired in 2020 to receive products for sale.

He said the storage capacity of the tanks had been boosted to meet their customer demands, “We have been able to get enough stock to sell to our Sahelian market and meet their demand effectively.

“In the past, because of our dormancy, customers went all the way to Accra to load which had huge effect on our roads. Since we came into operations, it has eased a lot of pressure on our roads, movement from here to Paga is about 40 minutes’ drive.”

Mr Aniabonam disclosed that the storage capacity of the depot was 46.5million litres, 34 million litres for diesel and 12.5 million litres for petrol, and said it was the hope of the depot to capture the Sahelian market.

“We are looking at 40 percent of the Sahelian market. If we capture 40 percent, we are in good business. So management has thought it wise to expand our storage capacity because that is the only way we can capture the market.”

Some leaders of the CSOs, after touring the facility, expressed satisfaction about the work done by BOST.

“We have seen some maintenance work being done, tanks have been blasted, painted and repositioned. Corrosion has been taken care of, and we shouldn’t expect any water ingress. Meaning that there wouldn’t be contamination of product with water”, Nana Amoasi VII, the Executive Director of the Institute of Energy Security told journalists.(Credit: BOSTCorpcom/GNA)



...........BOST Board sworn in at the Energy Ministry

The President, Nana Akufo-Addo has reappointed Mr. Edwin Provencal as the Managing Director of Bulk Oil Storage and Transportation Company Limited (BOST). This was disclosed when the new Board of Directors was sworn into Office by the Minister of Energy, Hon. Matthew Opoku Prempeh at the Energy Ministry in Accra. The Nine-Member Board took the oath office administered by the Sector Minister.

MD Photos 1

     Below are the full lists of the New BOST Board of Directors:

     Mr. Ekow Hackman(Board Chairman)
     Edwin Alfred Provencal (Managing Director)
     Nana Owusu Afriyie IV
     Mr. Emmanuel Tandoh
     Mrs. Joyce Agyeman Attafuah
     Hon. Dr. Ayew Afriyie
     Mrs. Francisca Aba Addison
     Prof. Kofi Osei Akuakoh
     Mr. Bright Okyere Adjekum


Mr. Provencal (MD, pictured above) took the oath of office administered by the sector Minister.


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BOST ended the year 2020 on a high despite the massive impact of the COVID-19 pandemic on staff and operations of the company. In the light of the positive results, management recognized the contribution of staff for the year by organizing special awards for outstanding staff.
To mark the event, citations and certificates were presented to staff at the head office on Tuesday 19th January, 2020. Selected awardees of the depots were earlier presented their certificates and citations during the end of year get-togethers which were organized in the month of December 2020 as part of the Christmas celebrations. An undisclosed cash package is to be paid each awardee as part of their salaries for the month of February 2021.
Presented below is a full list of the awardees:

1. Ekua Appiah Menka Corporate Planning
2. Ronald Alaa Apaliboka  Information Technology Unit
3. Edmund Agyei Dumfeh Internal Audit
4. John Peter Addo Nyarko Corporate Communication.
5. Emmanuel Obuobi  Terminal and Transmission
6. Regina Darkwah Procurement and Supply Chain
7. Amos Atta Agyemang  Fuel Trading
8. Precious Atakora Bonsra Legal
9. George Opoku Banahene  H.R and Admin.
10. Kwaku Aboagye Asset and Infrastructure
11. Asbel Nana Aboagye Finance
12. Samuel Mampaya Field Operations
13. Eric Kuampa Savelugu Booster Station
14. Francis Amoku- Mensah Bolgatanga Depot
15. Dominic Godfred Nyame Akosombo Depot
16. Joseph Yeboah Kumasi Depot
17. Ken Tenkorang Accra Plains Depot
18. Amidu Yakubu Buipe Depot


The Managing Director, Mr. Edwin Alfred Provencal in his opening address congratulated staff for a great job done in 2020 despite the huge COVID-19 challenge. He further added that though the company projected for an end of year loss of GHS80 million, it rather realized a profit of GHS30 million before any adjustment for forex losses on existing loans.
The MD said “yes we have made profit on management side and stewardship for the year is good, but because of the sins of our forefathers, all that effort will be wiped out eventually. The good thing is that, my able Deputy Managing Director (DMD), Moses Assem here is working on a project to see if we can recapitalize the company with the government to see if they can convert our debts to equity. Once that is done, it will clean our books and then we will be starting from a very positive point and the rest will follow”.
The MD also made it clear that, the end of year awards has come to stay and that, subsequent ones will be done based on performance matrix. These special awards are expected to motivate staff to put in their best.


Ekua Appiah Menka
Department: Corporate Planning
Qualification: Civil Engineering with a Masters in Energy and Environment.
She joined BOST in 2007 and a proud alumnus of Ghana International School.
In her words after the award was presented to her, she had the following words to share: “I am sincerely grateful and super excited because, it’s always encouraging to be rewarded for your efforts”
‘I love my work in the Corporate Planning Department as each day brings forth new challenges and learning opportunities’.

  Ekua Appiah-Menka (Corporate Planning) Employee of the Year 2020

Edmund Agyei Dumfeh
Department: Internal Audit
Profession: Banking and Finance with Masters in Accounting and Finance.
Mr. Dumfeh joined BOST as a national service person in 2010 and got employed in 2013. He is a proud POJOBA (Pope Johns Senior High school) alumnus.
“receiving the award makes me feel good about the work I’m doing and therefore feel very encouraged and motivated”, he said.


  Edmund Agyei Dumfeh (Internal Audit) Employee of the Year 2020

Ronald Ala Apaliboka
Department: Information Technology
Qualification: Information Technology with MCSA Certificate in (Microsoft Certified Systems Administrator) and CompTIA.
‘Roo’ as he’s affectionately called said he was very happy to receive the award and also thanked God and his team mates for making it possible
Roo joined BOST in December 2015 and is a proud Old Student of West African Senior High School (WASS), in Adenta Accra.

 Ronald Alaa Apaliboka (IT Unit)

George Opoku Banahene
Department: Human Resource and Administration.
Qualification: Degree in Business Administration and HR related Professional Courses and Programs.
Banahene joined BOST in 2015.
He is an old student of Presbyterian Senior High School Tema (Tema PRESEC)


 George Opoku Banahene (HR & Admin)

Kwaku Aboagye
Department: Asset and Infrastructure.
Qualification: Degree in Petroleum Engineering and a Master of Science in Petroleum.
In an interview after receiving the award, he said, “I feel blessed and privileged in having to receive this award. I am hoping for more in the future as I put in my best for the company”.
Kweku joined BOST in 2016 and is a proud alumnus of Mfantsipim School (MOBA)

 Kwaku Aboagye (A&I) Employee of the Year 2020

John Peter Addo Nyarko
Department: Corporate Communication and External Affairs
Qualification: Bachelor of Arts in Industrial Art.
John Peter joined BOST in June 2019. He’s proud old student of Okuapemman Senior High School (OKUAS).
These were his words after the awards: “It is a great feeling to get recognition of this magnitude from such a prestigious Company. I dedicate the award to all staff of the Corporate Communication and External Affairs Department - it was a combined effort and everyone at the Department deserves to share in this recognition”.

 John Peter Addo Nyarko (Corporate Communications) Employee of the Year 2020

Asbel Nana Aboagye
Department: Finance
Qualification: Bachelor’s Degree in Accounting with Masters in Accounting and Finance.
“I must say it is quite a humbling experience for my contribution to be noticed among the lot”, He said. He emphasized that, my inputs are the outputs of others and I've received the award on behalf of the team - my success is their success”.
Asbel joined BOST in 2010. He’s an old student of Saint John’s Grammar School

  Asbel Nana Aboagye (Finance)

Amos Atta-Agyemang
Department: Fuel Trade
Qualification: BA Political Science and MBA in Corporate Governance. He also holds a certificate in Fuel Trading from CITAC Africa and IHRDC in the United Kingdom.
He joined BOST in 2015.
Amos is a proud alumnus of Afua Kobi Senior High School, Kumasi.
In an interview after receiving the award, he said, “it is a joyful experience for me and I dedicate this award to my team because I believe without them I wouldn’t have been able to deliver; I also appreciate the support of my General Manager”.

  Amos Atta Agyemeng (Fuel Trade) Employee of the Year 2020

Emmanuel Obuobi
Department: Terminal & Transmission
Joined BOST in 2008
Qualification: BSc. Chemical Engineering and an MBA in Operations Management all from the Kwame Nkrumah University of Science and Technology, Kumasi.
Oboubi, in an interview after the ceremony said he felt honored and humbled. “I also feel appreciated and energized to do more for the prosperity of BOST”.
“The first time my boss broke the good news to me, I was surprised as I didn’t expect anything like that because I felt my colleagues equally worked hard”.


  Emmanuel Obuobi (T&T) Employee of the Year 2020

Precious Atakora Bonsra
Department: Legal & Compliance
Qualification: BL (Ghana School of Law),
BSc. Admin (Legon), LLB (University of London).
She joined BOST in 2018.

Precious said “It felt wonderful to receive such an honor. To have one's hard work recognized and appreciated is amazing and showed me that hard work really pays”. She also said she wasn't expecting it and that’s why it’s special for her.
She believes her wealth of work experience over the years, spanning from insurance to banking and now law, all culminates into enabling her to exercise her duties better.


 Precious Atakora Bonsra (Legal) Employee of the Year 2020

Department: Kumasi Depot
Profession: BSc. Electricals and Electronic Engineering.
He joined BOST in 2011 and an Old Student of New Century Career Training Center (NVTI).
“I was exited on receiving the award, particularly with the Citation which was on point and really goes with the service I offer the Company. I will like to thank Management for recognizing my contributions toward achieving the goals of the Company. We look forward for more of such awards which will go a long way to encourage others to partake to the success story of BOST”

 Joseph Yeboah (Kumasi Depot)

Department: Buipe Depot
Profession: Electrical Technician
He joined BOST in 2008 and a proud alumnus of Tamale Polytechnic.
He said,”I’m grateful to God for the strength and wisdom and also to the Company for recognizing my efforts and awarding me. I pledge to work harder in the years ahead to achieve the BOST Dream. This award is dedicated to the entire staff at the Buipe Depot”.
As a long serving staff of the depot, his nomination and final award was greeted with smiles across his colleagues.

  Amidu Yakubu (Buipe Depot)

Department: Field Operations
Qualification: BSc. Mechanical Engineering.
He joined BOST in 2011 and is an Old Student of Wulugu SHS in the North East Region.
In an interview with him, he said,”I am happy for the recognition and also very grateful that am working for BOST’’.

  Samuel Mampaya (Field Operations) Employee of the Year 2020

Department: Akosombo Depot
Qualification: Bachelor of Arts.
He is an alumni of St. Augustine College and joined BOST in 2018.
He had this to say”it was unexpected but awesome feeling to be honored for my contribution towards the goal of BOST and I look forward to learning more to give even better”.

 Dominic Godfref Nyame (Akosombo Depot) Employee of the Year 2020

Department: Savelugu Booster Station
Profession: Electrical Technician Pt 3
He joined BOST in 2005 and an Old Student of St. Mary Secondary School.
In an interview, he had these few words to say: “I am overwhelmed and inspired to do more relentlessly”
As the leader of the pipeline and booster station management team, Eric doubles in almost every other activity at the station from administration through to the patrol of the Right-of-Way to ensure the safety of the line for the continued business and progress of BOST as a company.

 Eric Kuampa (Savelugu Booster Station) Employee of the Year 2020

Department: Accra Plains Depot
Qualification: BE (Oil & Gas Engineering)
He joined BOST in 2011 and an Old Student of NAVTCO (Agona Swedru).
“I was not surprised because this is my third award from BOST. Once selection is done on merit then the name is definitely going to be seen”

 Ken Tenkorang (APD) Employee of the Year 2020

Department: Bolgatanga Depot
Qualification: BSc. Electrical and Electronic Engineering
He joined BOST in 2008 and an alumni of NVTI Biriwa (Central Region).
In his words, “I am very happy to receive this award because for the 12 years BOST, I have worked hard and have done great things in BOST is like no one sees what I have done. I thank God for this award and I will continue the hard work am doing. Thank you all and I hope to see BOST in the next level.”

 Francis Amoku-Mensah (Bolgatanga Depot) Employee of the Year 2020

In his concluding remarks at the Head Office Awards event at the AH Hotel, the Managing Director indicated the awards had come to stay and hard work shall surely be rewarded as we move the company from the current state to the World Class Oil Storage and Transportation business it aspires to become.
He congratulated all staff for a successful 2020 and wished all the best for the year 2021 and beyond as we move together into the arena of higher glory.


1‘For a strategy to work, it necessarily should have the buy-in of the frontline employees’ says Robinson. BOST, realizing the need to bring staff along in the implementation of the four year strategy started the year with staff engagement across all its facilities to explain the strategy deeply and solicit the buy-in of staff for efficient achievement of set targets. The Theme for the engagement was; “Your Contribution, Our Stewardship”. Depot sponsors engaged the staff of their respective depots of stewardship whilst the Head Office was hosted at the AH Hotel in East Legon. The feedback was all positive. Addressing the gathering of the head office staff at the AH Hotel, the Managing Director, Mr. Edwin Provencal took time to explain the scorecard with practical scenarios to the understanding and appreciation of all. He assured that, when the targets are achieved in full, staff will be the ultimate beneficiaries since a healthy BOST is an assurance of their continued employment and prosperity.
He further stressed that, the essence of the event among others was to account to staff the stewardship of Management after first year of implementing the BOST 5 Year Strategic Plan.






The Managing Director, Mr. Provencal addressing staff at the head office event 

Handbooks of the Strategy were also distributed to staff across-board to ensure the targets to be achieved are kept in view as the journey unfolds.
Staff were allowed to ask questions for further clarification.
The presentation shed further light on the outturn for the year 2020. The Managing Director praised staff for their wonderful contribution for 2020 and urged them to do even better as the company inches further towards the target of emerging as the Number One Fuel and Logistics Company in West Africa. 

Elsewhere in the regions, General Managers serving as depot sponsors engaged staff on the strategy across the depots:
Kumasi Depot-Mr. Edmund Acquaah, GM, Internal Audit
Buipe Depot-Mr. Ato Amissah Wilson and Adjei Marlick
Savelugu Booster Station- Mr Nicholas Samari and Mr. Albert Mantey
Bolgatanga Depot- Miss Vivian Kally and Mr. Augustine Appiah
Accra Plains Depot – Mr. Bismark Adom Dankwah and Mrs. Harriet Amoah and
Akosombo Depot – Mr. Moses Mensah Assem and Kwabena Appiah Brobbey.

This is the way to go; everyone aboard with one accord and understanding. One step at a time, we shall achieve the BOST dream.






GMs Ato Wilson and Adjei Marlick with Buipe Staff

The performance and strategic engagements are expected to continue on quarterly basis with staff until the dream is achieved in full.

BOST PIC 1The Bulk Oil Storage and Transportation Company Limited, BOST is sensitive to its role as a corporate citizen. Among other things, the company devotes time and resources towards making lives better for people living in communities where BOST operations are located.

The Managing Director of BOST, Mr. Edwin Provencal and a team from the head office made up of Marlick Adjei, Head of Corporate Affairs, Nicholas Samari, Head of Assets and infrastructure and Eric Kuampah, Head of Operations at the Savelugu Booster Station in the months of June and November 2020 visited a total of 40 communities along the Buipe Bolgatanga Pipeline in the light of this key function of stakeholder engagement. The communities visited include:

  •  Buipe
  • Yapei
  • Fufulso
  • Sawaba
  • Kampong Yilli
  • Zanzugu Yipala
  • Kanshegu
  • Savelugu
  • Gushie
  • Nabogu
  • Nangbagu
  • Laogri
  • Nasia
  • Diare
  • Kukobilla
  • Pigu
  • Walewale
  • Wulugu
  • Gbimsi
  • Posonamogo and
  • Wikongo

Among other things, the team donated nose masks, veronica buckets and hand sanitizers to the chiefs and their people to protect them from the deadly COVID-19 disease. Undisclosed sums of money and hampers of assorted drinks were also donated to the chiefs as a token for their continuous support to the company by educating their people to stay away from the pipelines and ensure the asset and the lives of the people are mutually protected.

In his comments across the communities, Mr. Provencal urged the Chiefs and the people to take advantage of the Free Senior High School the government has introduced to ensure that poverty is defeated in line with the Sustainable Development Goals of the world. He further stressed that, even though the impact of COVID-19 is less in the northern regions, there is every need for the people to observe the protocols to ensure their health and safety to contribute effectively to the progress of the nation.

The Buipe-Bolgatanga Petroleum Product Pipeline, B2P3 is a 269 kilometer product pipeline completed in 2006 for the transfer of products between the Buipe and Bolgatanga depots to meet product demand in the northern regions and for the export market to our landlocked neighbors in the Sahel region.
Below are images of the BOST team interacting with the chiefs and people of the communities visited during the engagements


BOST Staff led by its MD, Mr. Edwin Provencal (in smock) interacting with the Chief of Buipe in the Savannah Region


Some items donated to the people included some quantities of nose masks and hand sanitizers.


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