Company news
Mar 28, 2025
2 min read
BOST Renews Partnership with Burkina Faso's SONABHY to Strengthen Regional Energy Security
BOST has renewed its strategic partnership with Burkina Faso’s SONABHY to strengthen cross-border petroleum trade and foster regional energy security. The move follows restored diplomatic ties and aims to optimise product flow between the two countries, leveraging key infrastructure like the Bolgatanga Depot and Blue Ocean Terminal. A joint technical team will explore efficiency opportunities, while expanded electricity exports are also under consideration to address Burkina Faso’s energy needs.
By The BFT Online
•
Published Mar 28, 2025
The Bulk Energy Storage and Transportation Company Limited (BOST) has renewed its strategic partnership with Burkina Faso's National Hydrocarbons Company (SONABHY) to enhance cross-border petroleum trade and bolster sub-regional energy security.
The renewed collaboration follows the restoration of diplomatic ties between Ghana and Burkina Faso, facilitated by President John Dramani Mahama. At a high-level meeting in Accra, the two state-owned entities agreed to establish a joint technical team to assess BOST's operational capacity and explore fresh opportunities for efficiency and growth.
The partnership is expected to optimise petroleum product flows from Ghana to Burkina Faso, utilising key infrastructure including BOST's Bolgatanga Depot and SONABHY's recently acquired Blue Ocean Terminal in Tema.
BOST's Managing Director, Mr Afetsi Awoonor, reaffirmed the company's commitment to supporting SONABHY in meeting its energy demands, highlighting Ghana's role as a regional energy hub. "BOST remains dedicated to deepening cooperation with SONABHY to enhance petroleum trade and ensure a more resilient supply chain within the sub-region," Mr Awoonor stated.
He explained that the strategic deployment of pipelines, river barges, the Bolgatanga Depot, and the Blue Ocean Terminal would create a more efficient fuel distribution network, benefiting both nations. The renewed engagement holds significant economic and strategic advantages, with streamlined petroleum logistics aimed at reducing operational costs and minimising fuel shortages in Burkina Faso.
SONABHY's Managing Director, Mr Wendpanga Aimé, emphasised the importance of the renewed partnership, highlighting his company's robust financial position. "With a capital base of 20 billion CFA Francs, SONABHY is well-positioned to invest in long-term trade agreements with BOST. This partnership is critical to ensuring a stable and cost-effective petroleum supply for Burkina Faso," Mr Aimé stated.
The collaboration underscores the growing interdependence between Ghana and Burkina Faso in the energy sector, reinforcing broader objectives of regional economic integration and security.
Beyond petroleum supply, Burkina Faso has also requested increased electricity exports from Ghana to address its power deficit. Burkina Faso's Energy Minister, Yacouba Zabré Gouba, accompanied by SONABHY officials and executives from the country's power utility, toured BOST's Bolgatanga Depot and GRIDCo's Navrongo substation.
The Burkina Faso delegation urged Ghana to consider expanding power supply to their grid, citing the need for reliable electricity to support economic growth. The Ministry of Energy, in collaboration with BOST and GRIDCo, is expected to evaluate the feasibility of expanding electricity transmission to Burkina Faso, further strengthening energy ties between the two nations.
The renewed collaboration follows the restoration of diplomatic ties between Ghana and Burkina Faso, facilitated by President John Dramani Mahama. At a high-level meeting in Accra, the two state-owned entities agreed to establish a joint technical team to assess BOST's operational capacity and explore fresh opportunities for efficiency and growth.
The partnership is expected to optimise petroleum product flows from Ghana to Burkina Faso, utilising key infrastructure including BOST's Bolgatanga Depot and SONABHY's recently acquired Blue Ocean Terminal in Tema.
BOST's Managing Director, Mr Afetsi Awoonor, reaffirmed the company's commitment to supporting SONABHY in meeting its energy demands, highlighting Ghana's role as a regional energy hub. "BOST remains dedicated to deepening cooperation with SONABHY to enhance petroleum trade and ensure a more resilient supply chain within the sub-region," Mr Awoonor stated.
He explained that the strategic deployment of pipelines, river barges, the Bolgatanga Depot, and the Blue Ocean Terminal would create a more efficient fuel distribution network, benefiting both nations. The renewed engagement holds significant economic and strategic advantages, with streamlined petroleum logistics aimed at reducing operational costs and minimising fuel shortages in Burkina Faso.
SONABHY's Managing Director, Mr Wendpanga Aimé, emphasised the importance of the renewed partnership, highlighting his company's robust financial position. "With a capital base of 20 billion CFA Francs, SONABHY is well-positioned to invest in long-term trade agreements with BOST. This partnership is critical to ensuring a stable and cost-effective petroleum supply for Burkina Faso," Mr Aimé stated.
The collaboration underscores the growing interdependence between Ghana and Burkina Faso in the energy sector, reinforcing broader objectives of regional economic integration and security.
Beyond petroleum supply, Burkina Faso has also requested increased electricity exports from Ghana to address its power deficit. Burkina Faso's Energy Minister, Yacouba Zabré Gouba, accompanied by SONABHY officials and executives from the country's power utility, toured BOST's Bolgatanga Depot and GRIDCo's Navrongo substation.
The Burkina Faso delegation urged Ghana to consider expanding power supply to their grid, citing the need for reliable electricity to support economic growth. The Ministry of Energy, in collaboration with BOST and GRIDCo, is expected to evaluate the feasibility of expanding electricity transmission to Burkina Faso, further strengthening energy ties between the two nations.