Lattice Energy secures BIDEC licence to complete Abagona's petroleum value chain

Lattice Energy Ltd, a member of Abagona Legacy Holdings, has secured a Bulk Import, Distribution and Export (BIDEC) licence from the National Petroleum Authority (NPA), marking a major milestone in the Group's expansion across Ghana's petroleum value chain. Granted at the NPA Governing Board Meeting in September 2026, the licence authorises Lattice Energy to import, distribute and export refined petroleum products, including petrol, diesel, aviation fuel, residual fuel oil and LPG, as well as crude oil, subject to regulatory requirements. It also creates opportunities to serve markets across West Africa. The development completes a strategic progression that began in 2017 with petroleum haulage through Translogies Ghana Ltd, followed by the entry into downstream petroleum marketing through Sotei Energy Ltd, which obtained its OMC licence in 2019. Today, the Group's petroleum businesses span key areas of the industry: • Lattice Energy Ltd: Bulk importation, distribution and export of petroleum products. • Sotei Energy Ltd: Retail and commercial petroleum marketing, including service stations and industrial supply. • Translogies Ghana Ltd: Petroleum haulage and logistics. The wider Group also includes Zupoil Ltd, which specialises in waste oil management, and Mastaros Engineering, which provides engineering and upstream oil and gas services. Commenting on the milestone, David Azupio, Group Chief Executive of Abagona Legacy Holdings, described the development as the next stage in the Group's evolution from petroleum transportation into retail, commercial supply and now bulk importation and distribution. The BIDEC licence is expected to strengthen supply planning, inventory management and product availability by providing direct access to international suppliers. It will also enhance coordination between bulk supply, transportation and Sotei Energy's retail and commercial operations. Beyond Ghana, the export component of the licence positions Lattice Energy to explore regional petroleum trade, particularly in neighbouring West African markets. The milestone reinforces Abagona Legacy Holdings' ambition to build a strong indigenous petroleum and energy business with the capabilities to compete in Ghana and expand across West Africa. About Abagona Legacy Holdings Abagona Legacy Holdings is a Ghanaian business group with interests across energy, petroleum, logistics, engineering and related industries. Its portfolio includes Lattice Energy Ltd, Sotei Energy Ltd, Translogies Ghana Ltd, Zupoil Ltd and Mataros Engineering, with operations spanning bulk petroleum supply, retail marketing, haulage, waste oil management and engineering services.Source: Lattice Energy Ltd
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