The Ghana Revenue Authority (GRA) has directed Strategic Mobilisation Limited (SML) to resume its monitoring operations in the downstream Petroleum sector.
The directive is effective on June 14, 2024.
According to the GRA, the new directive is in accordance with President Akufo-Addo’s directives on the KPMG report.
A statement issued by the GRA on June 12, 2024 said “We wish to inform you that Strategic Mobilisation Limited (SML) has been directed to resume its monitoring operations of the Downstream Petroleum sector with effect from 14th June 2024 in accordance with the Presidential Directives on the KPMG report.
“SML is expected to ensure that all systems are fully operational and compliant with the relevant standards and regulations to deliver accurate, reliable and timely monitoring services to support our revenue assurance.
“The Bulk Oil Distributors are to cooperate to ensure a successful resumption of the monitoring exercise.”
Meanwhile, the the Ministry of Energy in a statement dated June 20, disclosed that in collaboration with the Ghana Standards Authority (GSA), the Ministry of Trade, industries and other relevant stakeholders, have developed new standards for measurements in the oil and gas sector based on the Singaporean Standard.
It has therefore asked indiviauls and entities undertaking measurements for purposes of revenue assurances in the oil and gas sector to do so in accordance with the new standards.
“The Ghana Standards Authority (GSA), in collaboration with the Ministry of Energy, Ministry of Trade and Industries and other relevant stakeholders, has, based on the Singaporean Standard, developed new standards for measurements in the oil and gas sector which utilizes the Coriolis mass flow metering system.
“Subsequently, the Minister for Trade and Industry pursuant to Section 13 of the Ghana Standards Authority Act, 2022, Act 1078 has declared the standards operational and mandatory. In view of the foregoing, we wish to indicate that all persons and entities undertaking measurements for purposes of revenue assurances in the oil and gas sector are expected to do so in accordance with the new standards.”
By: Rainbowradiooline.com/Ghana
