Dublin Core
Title
Assessment of Supply Chain Management Practices and its Effect on Performance of Ghana Oil and Gas Downstream Sector: A Case Study of Total Petroleum Ghana.
Creator
Basirata Abu
Description
In Ghana, petroleum products account for about 26% of total energy consumption (Ministry of Energy, 2010) and about 70% of Ghana’s commercial energy needs (Oil and Gas in Ghana - Overview, 2013). The Ministry of Energy estimates that the market for major petroleum products in Ghana will grow by 5.3% annually through 2015 and projects this figure is likely to increase if economic growth is sustained. The petroleum industry includes the global processes of exploration, extracting, refining, transporting and marketing petroleum products. The industry is usually divided into three major sectors: upstream, midstream and downstream (Petroleum Industry, Wikipedia, 2013). The upstream is concerned with exploration and production, the midstream deals with storage, marketing and transportation of commodities like crude oil, natural gas, natural gas liquids (NGLs, mainly ethane, propane and butane) and sulphur. The downstream sector involves oil refineries, petrochemical plants, petroleum products distributors, retail outlets and natural gas distribution companies. Midstream operations are considered a part of the downstream sector. In Ghana, the upstream sector is regulated by the Ghana National Petroleum Corporation (GNPC), whilst the downstream sector, the National Petroleum Authority (NPA). The discovery of oil in commercial quantities in 2007 raised the expectations of stakeholders and consumers alike of the petroleum sector on its significant role and contribution to Ghana’s developmental efforts in accelerated economic growth, job creation, poverty reduction and general prosperity to the people of Ghana (National Energy Policy, 2010).
Subject
MSc. Oil and Gas Management
Publisher
Ghana Technology University College
Date
May, 2017
Contributor
Mr. Alexander Akrofi