Ghana’s Bulk Oil Storage and Transportation Company (BOST) is planning to build LPG tanks at all its existing depots in Ghana.
Managing director Edwin Provencal told a stakeholder and media meeting that the front end engineering and design (FEED) work for the LPG expansion project is almost complete. When complete, the LPG storage facilities will enable BOST to store LPG as part of Ghana’s national strategic reserve. The new tanks will also help to meet growing consumer demand for LPG.
Provencal said that the company has identified LPG products as a growth opportunity. Adding the LPG tanks forms part of BOST’s strategy to develop its network of storage tanks, pipelines, and other bulk transportation infrastructure throughout the country, in order to ‘aggressively’ grow the business. The company is working towards becoming the leading fuel and logistics business operator in the West African sub-region.
There is increasing interest in LPG as a transition fuel in Africa, as it is much less polluting than other commonly used domestic fuels. Earlier in January 2022, Nigeran company Asiko Energy began construction of a dual LPG and LNG terminal in Ijora, Lagos State, Nigeria, and Matrix Gas (Ghana) opened a new, fully licensed, 6,000 tonne LPG storage terminal in Tema, Ghana.
(Source: Tank Storage Magazine)