Forty-four oil marketing companies have defaulted on their obligation to remit levies owed to the Bulk Energy Storage and Transportation Limited (BEST), formerly known as the Bulk Oil Storage and Transportation (BOST).
These companies were responsible for collecting the BOST margin from petroleum product sales and remitting it to the National Petroleum Authority (NPA), which would then transfer the funds to BEST.
However, instead of fulfilling this duty, they collected the levies and margins but failed to remit nearly GH₵60 million, effectively vanishing with the funds.
Among the defaulters are Best Petroleum Limited, which owes GH₵114,480; Black Rock Energy Limited, owing GH₵802,444; Bisvel Petroleum Services, with a debt of GH₵293,040; Capstone, which owes GH₵1,565,661; and Cigo Energy Limited, which owes GH₵1,235,740. Champion Oil Co. owes GH₵838,165; Deep Petroleum Limited, GH₵100,720; Deliman, GH₵225,610; Galaxy Energy, GH₵196,830; and Gulf Energy, a staggering GH₵10,190,045. G&G owes GH₵856,166; Golden Petr. Limited, GH₵246,375; and Hossana Oil, GH₵286,265.
Additional companies include Humano, owing GH₵901,137; Havilah Oil Ghana Ltd, GH₵523,950; Jas Petroleum Limited, GH₵2,356,290; Karela Oil and Gas Limited, GH₵2,660,583; Kros Energy Limited, GH₵525,908; L. Link Petroleum Co. Limited, GH₵40,225; Life Petroleum Company Ltd, GH₵33,150; and Lilygold Energy Res. Ltd, GH₵761,995. Mba Global Petroleum Limited owes GH₵220,725; Moari Oil Company Limited, GH₵968,895; and Naddif Company Limited, GH₵1,528,409.
The remaining defaulters include Nujenix Company Limited, which owes GH₵163,460; Nuru Oil Company Limited, GH₵175,087; Oval Energy Company Limited, GH₵6,593,673; P&O Energy Company Limited, GH₵383,724; Petro Afrique Ghana Ltd, GH₵22,355; Petra Energy, GH₵301,984; Perfect Petroleum Co. Limited, GH₵680,635; Precious Oil, GH₵436,182; and Q8 Oil, GH₵2,092,299.
Rigworld Petroleum Services Limited owes GH₵2,565; Rodo Oil Limited, GH₵2,168,784; Rich Oil Company Limited, GH₵237,657; Royal Roses, GH₵1,215; Sawiz, GH₵180,166; Santol Oil, GH₵2,965,795; Safety Petroleum Limited, GH₵4,926,410; Sephem Oil Company Limited, GH₵6,075; Titan Petroleum Limited, GH₵1,140,150; Union Oil, GH₵41,175; and Zoe Petroleum, GH₵9,532,928.
Source: Adomonline
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