Business News of Wednesday, 10 March 2021Source: www.ghanaweb.comInadequate infrastructure cause of Africa’s inability to process petroleum - TampuliHassan Tampuli, Chief Executive Officer of the National Petroleum AuthorityThe Chief Executive Officer of the National Petroleum Authority, Hassan Tampuli, has stated African continent is battling with the production of petroleum products because of the lack of infrastructure even though there are a few used for the refinery. Speaking at the 2021 Ghana International Petroleum Conference (GhIPCON) held virtually in Accra, Mr. Tampuli indicated that despite private companies investing in equipment, more needed to be done. In his words, “This private-sector initiative has given hope to other African countries on the viability of investing in the large refinery. It is expected that the refinery once operational will enhance intra-regional trading of indigenous petroleum products in the sub-region. The NPA boss called on African countries to emulate the move in order to confront the challenges hampering a boost of the petroleum sector.

Source: GhanaWeb March 10, 2021 16:30 UTC