Home Headlines NPA Revokes Licences of 13 Oil Marketing Companies for Regulatory Violations

NPA Revokes Licences of 13 Oil Marketing Companies for Regulatory Violations

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National Petroleum Authority (Npa)
National Petroleum Authority (Npa)

The National Petroleum Authority (NPA) has revoked the licences of 13 Oil Marketing Companies (OMCs) for violations related to infrastructure regulations and non-payment of licence fees.

 

This decision was made during the Authority’s board meeting in May of this year, which found that many affected companies had established their fuel stations at unapproved locations.

 

Abdul Mohammed Kudus, Head of Public Relations at the NPA, emphasized that the Authority will continue to pursue OMCs that fail to meet their regulatory obligations.

 

He outlined the key reasons for licence revocation, including failure to adhere to infrastructure requirements and non-payment of licence fees.

 

Speaking to Channel One News, Kudus explained, “Infrastructure requirements vary depending on the location of the filling station.

 

For instance, the standards for a filling station in Accra differ from those in a rural area.

 

If these requirements are unmet, the board may revoke the temporary licences granted.”

 

Kudus further noted that OMCs are also required to pay for their licences. Failure to fulfil payment obligations, despite attempts by the Authority to secure payment, can result in licence revocation.

 

“In general, non-compliance with infrastructure specifications or failure to meet all licence conditions can lead to revocation,” Kudus added.

 

The NPA remains committed to enforcing these standards to ensure compliance and maintain the sector’s integrity.

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