Dublin Core
Title
Developing the Downstream Petroleum Industry for a Sustainable Market in Ghana.
Creator
Gideon Yirenkyi
Description
The government of Ghana realizing the significance of fuel products, founded the Tema Oil Refinery (TOR) in 1961 to pursue the sole objective of processing crude oil into refined products for the indigenous market. Moreover, appreciating the increasing demand for finished petroleum products all over the country, there was some level of product circulation ineptitudes and threats in the midst of low capacity utilization of domestic refinery, deprived network of storage and pipeline structures. The government further brought into being the Bulk Oil Storage and Transportation Company (BOST) with depots facilities all over the country.
The research adopted the case study technique to discover the elements hindering the smooth operations within the petroleum downstream industry in the distribution of petroleum products all over the country. The targeted units of analysis were key players within the petroleum downstream industry such as Tema Oil Refinery (TOR), BOST, Oil Marketing Companies (OMCs) as well as the Bulk Distribution Companies (BDCs). The study revealed certain ineptitudes hampering the development of the petroleum downstream sector for market sustainability in Ghana.
Recommendations such as complete utilization of the domestic refinery, increase storage capacity of the petroleum depot, complete utilization of the various modes of product transfer and other recommendations were made. These were intended to develop the operations of within the downstream, in the distribution of petroleum products to all over the country in an effort to develop the industry for a sustainable market.
The research adopted the case study technique to discover the elements hindering the smooth operations within the petroleum downstream industry in the distribution of petroleum products all over the country. The targeted units of analysis were key players within the petroleum downstream industry such as Tema Oil Refinery (TOR), BOST, Oil Marketing Companies (OMCs) as well as the Bulk Distribution Companies (BDCs). The study revealed certain ineptitudes hampering the development of the petroleum downstream sector for market sustainability in Ghana.
Recommendations such as complete utilization of the domestic refinery, increase storage capacity of the petroleum depot, complete utilization of the various modes of product transfer and other recommendations were made. These were intended to develop the operations of within the downstream, in the distribution of petroleum products to all over the country in an effort to develop the industry for a sustainable market.
Subject
MBA in Petroleum Economics and Finance
Publisher
Ghana Technology University Library
Date
September 2019
Contributor
Dr. Riverson Oppong