IES cautions government against scrapping BOST margin

The Institute for Energy Security (IES) has cautioned against any plans to eliminate the Bulk Oil Storage and Transportation (BOST) margin, warning that such a move could undermine Ghana’s fuel supply stability.

In a statement issued on April 12, 2026, the group stressed that the BOST margin should not be viewed as a conventional levy, but rather as a key funding tool that supports the construction, upkeep, and expansion of the country’s petroleum infrastructure.

The IES further explained that the margin plays a crucial role in maintaining the operational strength of BOST Energies, especially at a time when fuel demand has risen significantly over the years due to population growth and increased economic activity.

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Established in 1993, BOST is mandated to maintain Ghana's strategic petroleum reserves and ensure safe fuel transportation.

Its infrastructure includes a network of six major depots (such as the Accra Plains, Kumasi, and Buipe depots) and over 349 km of pipelines.

Acknowledging the public's desire for lower fuel prices, the IES suggested that the government explore targeted relief measures that do not undermine infrastructure. Suspending the Price Stabilisation and Recovery Levy (PSRL): A move the IES has advocated for previously during global price surges. Cross-Pricing Flexibility: Allowing adjustments between Petrol (PMS) and Diesel (AGO).

Reducing the "Dumsor" Levy: Justified by improved fuel sourcing from the Tema Oil Refinery (TOR).

The IES concludes that the BOST margin must be "retained and protected" to ensure that Ghana does not face a future of unreliable fuel supply.