Dr Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA), and the management team have paid a working visit to the Association of Oil Marketing Companies (AOMC).
The visit was to formally engage the AOMC Board of Directors and discuss some of their challenges in the petroleum industry.
AOMC, the main umbrella body of oil marketing and liquefied gas petroleum marketing companies, informed Dr Abdul-Hamid about export dumping, third-party supplies, multiple licensed individuals, and unlicensed brokers (middlemen) trading petroleum products, among others.
Dr Abdul-Hamid assured the AOMC and other players that his primary objective was to ensure that industry players respected rules and regulations.
He said the NPA was committed to ensuring a level playing field for all OMCs to operate; “the NPA will deepen the dialogue with the AOMC Board regularly in addition to the already existing quarterly meetings with the various allied committees of the AOMC.”
Mr Henry Ofori Akwaboah, AOMC Board Chairman, said the Association was looking forward to strengthening its relations with the NPA and indicated that “as a key stakeholder of the industry, we will lend our support to you as you take over as the new chief executive.”