Ghana cuts fuel shipments to Burkina Faso and Mali - Ghanaβs state fuel company has scaled back diesel and petrol exports to Burkina Faso and Mali since August. The reason is simple: keep more product at home.
BOST Energies managing director Afetsi Awoonor said domestic demand is rising, especially for diesel, and imported fuel is expensive. βSupply is available, but itβs at a high cost,β he told Reuters in Bangkok.
The numbers are blunt. Burkina Faso asked for 80,000 tons in July and August. It got about half. Mali got 10,000 tons in that period and had asked for another 40,000 tons for August and September.
BOST holds about 30% of Ghanaβs fuel market. Diesel is two-thirds of what it sells. Officials say they are trying to keep local pumps supplied and prices from jumping. Pump prices did spike earlier this year, then eased some after the cedi strengthened and the government stepped in.
Burkina Faso and Mali are landlocked. They depend on coastal neighbors for fuel. When Ghana holds product back, they feel it fast. #Mali #Ghana #Burkinafaso