Press release
Sep 18, 2026
2 min read
BOSTenergies Clarifies Position on Reduction in Fuel Export Volumes to Burkina Faso and Mali to Protect Local Supply as Reported by Reuters
BOSTenergies has refuted claims that reduced fuel exports to Burkina Faso and Mali are linked to fuel shortages in Ghana. The company stated that the decline in export volumes is due to the ongoing rehabilitation of its Bolgatanga depot. Interim supplies continue via road transport from Tema, with full export capacity expected to return after the depot upgrade is completed.
By Corporate Communications
•
Published Sep 18, 2026
BOST Energies Limited Company (BOSTenergies) has noted media reports, originating from an interview granted by its Managing Director, Mr. Afetsi Awoonor, to Reuters on the sidelines of an energy conference in Bangkok, regarding the company's fuel supply volumes to Burkina Faso and Mali. In the interview, the Managing Director stated that BOSTenergies is "managing our export business to ensure that we have enough for the country first." The story has since been republished across several local and international platforms.
BOSTenergies wishes to provide the fuller context and the necessary clarification, which was not captured in the published report for the benefit of the public and its regional partners.
First of all, for the avoidance of doubt and in the interest of accuracy, BOSTenergies wishes to correct an inaccurate implication carried by the published report that the reduction in regional export volumes reflects an imminent fuel shortage in Ghana, warranting the rationing of available supply to Burkina Faso and Mali to safeguard local supply security. There is no imminent fuel shortage in Ghana, and no cutting of supply has been implemented on this and any other basis.
The observed reduction in regional export volumes from BOSTenergies to Burkina Faso and Mali, amidst the international market fluctuations, is largely owed to the ongoing revamp of its northernmost depot in Bolgatanga: BOSTenergies' designated gateway into the Sahelian market.
No political, security, or diplomatic consideration played any role in this decision.
Under normal operating conditions, BOSTenergies moves regional export volumes through an integrated network of pipelines and barges connecting its depots from the south to the north of Ghana. This route allows BOSTenergies to supply the regional market at competitive prices while meeting the company's required profit margin thresholds.
With Bolgatanga undergoing revamp works and nearing completion, BOSTenergies has continued to sustain regional supply in the interim by transporting products via Bulk Road Vehicles (BRVs) from its coastal depot in Tema while ensuring equitable access to fuel across the demand zones nationwide.
Full regional supply capacity will be restored on completion of the Bolgatanga depot revamp.
BOSTenergies remains committed to supporting regional fuel security through reliable, commercially sound supply arrangements and continues to work closely with government and regulatory partners to expedite completion of the Bolgatanga depot. The company will continue to engage transparently with the media and the public on matters affecting Ghana's downstream petroleum sector.
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BOSTenergies wishes to provide the fuller context and the necessary clarification, which was not captured in the published report for the benefit of the public and its regional partners.
First of all, for the avoidance of doubt and in the interest of accuracy, BOSTenergies wishes to correct an inaccurate implication carried by the published report that the reduction in regional export volumes reflects an imminent fuel shortage in Ghana, warranting the rationing of available supply to Burkina Faso and Mali to safeguard local supply security. There is no imminent fuel shortage in Ghana, and no cutting of supply has been implemented on this and any other basis.
The observed reduction in regional export volumes from BOSTenergies to Burkina Faso and Mali, amidst the international market fluctuations, is largely owed to the ongoing revamp of its northernmost depot in Bolgatanga: BOSTenergies' designated gateway into the Sahelian market.
No political, security, or diplomatic consideration played any role in this decision.
Under normal operating conditions, BOSTenergies moves regional export volumes through an integrated network of pipelines and barges connecting its depots from the south to the north of Ghana. This route allows BOSTenergies to supply the regional market at competitive prices while meeting the company's required profit margin thresholds.
With Bolgatanga undergoing revamp works and nearing completion, BOSTenergies has continued to sustain regional supply in the interim by transporting products via Bulk Road Vehicles (BRVs) from its coastal depot in Tema while ensuring equitable access to fuel across the demand zones nationwide.
Full regional supply capacity will be restored on completion of the Bolgatanga depot revamp.
BOSTenergies remains committed to supporting regional fuel security through reliable, commercially sound supply arrangements and continues to work closely with government and regulatory partners to expedite completion of the Bolgatanga depot. The company will continue to engage transparently with the media and the public on matters affecting Ghana's downstream petroleum sector.
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