V/R Minister pledges support to petroleum downstream regulation

The Volta Regional Minis­ter, Dr Archibald Yao Letsa, has pledged to cooperate with National Petroleum Authority (NPA) to regulate the petroleum downstream industry in the region.

He said his support was to enable the Authority to discharge its statutory mandate effectively to ensure consumers of petroleum products get quality petroleum products at the right price and quantity.

Dr Letsa was speaking in Ho when the new NPA’s Volta Regional Manager, Godwin Yaw Konu paid a courtesy call on him at his office.

Mr Konu was at the office to introduce himself as the NPA Volta Regional Manager who had taken responsibility for the admin­istration of the NPA in the Volta and Oti Regions.

The meeting also discussed several issues relative to the petro­leum downstream industry in the Volta Region.

Receiving the delegation, Dr Letsa pledged his support and that of the Volta Regional Coordinat­ing Council to the NPA in the re­gion to succeed in its operations.

On his part, the NPA Volta Regional Manager, Mr Godwin Yaw Konu explained the mandate of the NPA is to regulate, oversee and monitor the activities of the downstream petroleum industry.

Mr Konu indicated that, the NPA regional office exists to further the overall vision of the Authority in the region to ensure that economic growth and devel­opment is not hindered.

As such, the regional office would facilitate the speedy growth of the downstream petroleum in­dustry in the Volta Region to meet the growing petroleum needs of consumers in the region, partic­ularly those in underserved and hard to reach communities.

According to Mr Konu, the regional office would ensure that petroleum service providers comply with the various guide­lines, rules and regulations set out for operators in the downstream petroleum industry.

The regional office would hold the various operators in the region to the prescribed standards on health, safety and environment management.

The regional office, Mr Konu indicated, prioritise the needs of petroleum consumers and protect their various interests with respect to quality, quantity and pricing of petroleum products offered for sale by petroleum products retail outlets.

Mr Konu assured the Regional Minister that, the NPA and by extension the regional office oper­ates a robust monitoring regime to protect the interest of petroleum consumers in the region.

Consequently, petroleum consumers should be rest assured that they are receiving the right quantity of petroleum products, at the right price, at the right quanti­ty, at the various retail outlets they interface with.


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