The Association of Oil Marketing Companies (AOMC), has welcomed the introduction of a new monitoring system for the petroleum sector known as the Petroleum Product Marking Scheme.
The system, which also checks adulteration of fuel will help the National Petroleum Authority to check the quality level of fuel in the country.
Speaking to Citi Business News, the Chief Executive Officer of the Association of Oil Marketing Companies Kwaku Agyeman Duah, said his members are ready to work with the NPA to implement the new scheme.
“We as an association is always pleased when government introduces a policy that seeks to protect consumers and ordinary Ghanaians. That is the only way we can make our operations sustainable,” he said.
He stated that Oil Marketing Companies have always supported government initiatives aimed at checking diversion of fuel and the adulteration of same.
“We want the public to have confidence in the product we sell to them that is why we constantly subject ourselves to international standards. In this industry, you need the confidence of consumers,” he stressed.
The Petroleum Product Marking Scheme
The Petroleum Product Marking Scheme is aimed at checking the diversion and adulteration of subsidized fuel on the market.
The system uses a special marker to trace quantities of petroleum products at all operational depots in the country prior to distribution to the market.
According to the National Petroleum Authority, NPA, the Petroleum Product Marking Scheme has a marker that will help to distinguish the various types of petroleum products and expose dilution of products in the country.
Demonstrating how the scheme works, the NPA explained that the marker works by testing samples of petroleum products at all retail outlets and bulk consumers across the country with proprietary analytical devices which detect additions.