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Press release
Sep 18, 2026
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.
At Gastech 2026 in Bangkok, BOSTenergies MD Afetsi Awoonor joined global energy leaders to discuss electrification and universal energy access, taking Ghana’s voice to the world’s largest energy gathering.
H.E President John Dramani Mahama hails BOSTenergies as Ghana’s new kid on the block, after posting GH¢683.96m profit and paying its first-ever dividend of GH¢34.2m — a historic turnaround with revenue surging 195% to GH¢3.81bn in 2025.
2025 was a defining year for BOSTenergies, delivering record revenue of GHS3.81 billion, a 72% surge in profit, and our first-ever dividend to the Government of Ghana, a milestone in our journey toward sustainable growth.
BOSTenergies has reaffirmed its commitment to health, safety and environmental excellence following the successful completion of its 2026 HSE Week. The week-long programme featured a series of activities aimed at promoting workplace safety, healthy living and environmental responsibility among employees and stakeholders.
BOSTenergies has dismissed assertions that it has abandoned its core mandate by participating in fuel trading, insisting that such activities are part of its strategic stock management operations. The company says it remains committed to maintaining Ghana’s strategic petroleum reserves while ensuring long-term financial sustainability.
BOSTenergies proudly participated in the recently held May Day (Workers’ Day) celebrations in Koforidua, joining workers across the country to commemorate the invaluable contributions of the Ghanaian workforce.
The Paramount Chief of the Buipe Traditional Area, Buipewura Jinapor II, has praised the Managing Director of BOSTenergies, Afetsi Awoonor, for what he described as a transformative approach to development in the area.