PCCA GHANA aka The Ghana Filling Station Awards

PCCA GHANA aka The Ghana Filling Station Awards

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PCCA Ghana aka the FiSA is a prime celebration, inspiring excellence in quality service delivery at OMC Service Stations in the petroleum downstream

The Ghana Petroleum Choice Awards (PCCA Ghana) aka the Filling Station Awards as a civil ceremony is beyond the now, it is for the future; one of the sure ways of inspiring quality service delivery at OMC Service Stations. The downstream oil sector is mainly dependent on the performance of OMC Service Stations. And the number of Service Stations keeps increasing year after year, courtesy the effor

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Venezuela Declares Every Friday a Holiday to Save Electricity Venezuela’s President Nicolas Maduro has designated every Friday in the months of April and May as a non-working holiday, in a bid to save electricity as a prolonged drought pushes water levels to a critical threshold at hydro-generation plants.

02/06/2015

Petroleum Deregulation; Confusion to Escalate Over Transport Fares

Few days ago, the National Petroleum Authority (NPA) announced the start of the full deregulation of petroleum products from June 15, 2015, in what it believed is the right way to go. This simply means the NPA will not be involved in the pricing of petroleum products effective June 15, 2015. Importers, Bulk Oil Distribution Companies (BDCs), and Oil Marketing Companies (OMCs) will be allowed the free hand to price their own products, and so what we are likely to see from June 15 are different petroleum prices at different branded services stations across the country.

So what happens to transportation fares for commercial vehicles now that petroleum prices maybe different at different branded services stations? As key observers of the relationship between the petroleum downstream and motorists, we do not fail to recognize the confusions and fights that follows the announcement of new (even same) petroleum prices every time. Usually the public not well informed on changes in transport fares against indiscipline commercial motorists that would want to misinterpret fare changes to suit their gains. We are therefore heading to the conclusion that we are going to have an escalation of these confusions and fights on our roads now that we having this new regime at hand. What is the public information and road map for transport fare pricing now that we are entering this deregulation regime? What public engagements are happening to ensure an informed public on transport fare pricing and discipline on the part of commercial vehicles before June 15 and beyond?

Indeed, a two-day exercise undertaken by the PCCA Ghana research team in Greater Accra alone gathered that the many commercial motorists had no idea about the implications of this policy on their daily business activities. Therefore in order to avoid surprise effects on commercial motorists which can also degenerate into fights and confusions with passengers, we call on the appropriate stakeholder authorities to start acting on this matter now.

Question: Shell to miss PCCA nominations over license threat? | Business News 2015-01-21 24/01/2015

Response: Shell to miss PCCA nominations over license threat?

With reference to an online article published by the Ghanaweb, http://www.ghanaweb.com/GhanaHomePage/business/artikel.php?ID=343446 we wish to correct the inaccuracies captured in the said article.

Vivo Energy, the company behind the Shell brand in Africa, continues to operate lawfully and has the appropriate oil marketing company licence to operate in Ghana.

We remain committed to being the leading participant in Ghana's downstream energy market and to being a significant contributor to the continued growth of the Ghanaian economy. In 2014 Vivo Energy invested heavily in Ghana, opening 24 new service stations across the country - more openings than in any of its other 15 countries across Africa.

As part of its license requirement Vivo Energy is required to divest 8% of its equity to Ghanaian entities in order to increase local ownership to 25%. Vivo Energy has been very proactive in finding a local investor to buy this share. We have a constructive and amicable relationship with the National Petroleum Authority and Ministry of Energy and Petroleum and have been working closely with both as we increase local ownership of the company.

Thank you.

Shirley Tony K*m
Corporate Communications Manager
VIVO Energy Ghana
High Street, Accra

Question: Shell to miss PCCA nominations over license threat? | Business News 2015-01-21 Per the criteria in public knowledge that only active OMCs with service stations operating under valid licenses by the NPA, EPA and have met GSA requirements will make the nomination list of the 2015 Ghana Petroleum Consumer Choice Awards (PCCA Ghana), it looks like Vivo Energy and its branded Shell…

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