The Bulk Oil Storage and Transportation (BOST) Company Limited is to construct a petroleum terminal at Atwereboanda in the Ahanta West District in the Western Region.
The 200-million dollar facility that would store Liquified Petroleum Gas (LPG) and other petroleum products, would be build with part of Chinese loan.
Three hundred acres land has been acquired for the project that is expected to take off before the end of the year, and it would take about 24 months to complete.
Dr. Yaw Akoto, Managing Director of the BOST, announced this during a courtesy call on Mr. Joseph Dofoyenah, Ahanta West District Chief Executive, at Agona-Nkwanta.
He said the terminal would receive LPG from the proposed Ghana Gas Facility at Atuabo for transportation to BOST branches in the country.
Dr. Akoto also paid a courtesy call on Nana Kwesi Aboagye VII, Chief of Pumpunie at Atwereboanda and visited the project site, accompanied by the DCE and officials of BOST.
Mr Dofoyenah said the terminal would be constructed with state of the art equipment and would be a “Flagship” for the Western Region.
He said the company was negotiating with the Lands Commission on the terms of payment of the land, which is estimated at 4 million Ghana Cedis.