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    Petroleum Products Export Licence

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    lesleykyere
    The document outlines the requirements to obtain a petroleum products export license in Ghana. It states that a company must have at least 50% ownership by Ghanaian citizens and meet other criteria including having storage facilities and transportation arrangements. It also requires agreements between any foreign suppliers and the local company, as well as sales contracts. A petroleum products export license allows a company to import products into Ghana and re-export them to neighboring countries under customs seal. Obtaining the license also requires installing a customs declaration system.

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    Petroleum Products Export Licence

    Uploaded by

    lesleykyere
    24 views2 pages
    The document outlines the requirements to obtain a petroleum products export license in Ghana. It states that a company must have at least 50% ownership by Ghanaian citizens and meet other criteria including having storage facilities and transportation arrangements. It also requires agreements between any foreign suppliers and the local company, as well as sales contracts. A petroleum products export license allows a company to import products into Ghana and re-export them to neighboring countries under customs seal. Obtaining the license also requires installing a customs declaration system.

    Original Title

    Petroleum-Products-Export-Licence

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    The document outlines the requirements to obtain a petroleum products export license in Ghana. It states that a company must have at least 50% ownership by Ghanaian citizens and meet other criteria including having storage facilities and transportation arrangements. It also requires agreements between any foreign suppliers and the local company, as well as sales contracts. A petroleum products export license allows a company to import products into Ghana and re-export them to neighboring countries under customs seal. Obtaining the license also requires installing a customs declaration system.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views2 pages

    Petroleum Products Export Licence

    Uploaded by

    lesleykyere
    The document outlines the requirements to obtain a petroleum products export license in Ghana. It states that a company must have at least 50% ownership by Ghanaian citizens and meet other criteria including having storage facilities and transportation arrangements. It also requires agreements between any foreign suppliers and the local company, as well as sales contracts. A petroleum products export license allows a company to import products into Ghana and re-export them to neighboring countries under customs seal. Obtaining the license also requires installing a customs declaration system.

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    You are on page 1of 2

    PUBLIC NOTICE – NPA. N.

    018
    PETROLEUM PRODUCTS EXPORT LICENCE

    A. The NATIONAL PETROLEUM AUTHORITY wishes to inform the general public,


    specifically those who intend to be, or are already service providers in the petroleum
    downstream sector, on provisions under the National Petroleum Authority Act 2005, (Act
    691) and the requirements for obtaining a licence.

    Section 11(1)

    A person shall not engage in a business or commercial activity in the petroleum


    downstream industry unless that person has been granted a licence for that purpose by the
    Authority.

    Section 12

    A licence under this Act may only be granted to


    a. a citizen of Ghana; or
    b. a body corporate registered under the Companies Code, 1963 (Act 179); or
    c. a partnership registered under the Incorporated Private Partnerships Act, 1962
    (Act 152); or
    d. a foreign individual or foreign company in a registered joint venture relationship
    with a citizen of Ghana or a Ghanaian company.

    B. REQUIREMENTS TO OBTAIN A PETROLEUM PRODUCTS (EXPORT)


    LICENCE

    a. Evidence of local participation i.e. at least 50% shares to be held by Ghanaian


    citizens.
    b. A corporate environmental policy culminating in the grant and issue of an
    environmental permit by the EPA.
    c. Evidence of certificate of quality of the petroleum product(s).
    d. Evidence of a minimum of 5,000m3 storage facilities for petroleum products. (Such
    facilities could be leased or own storage).
    e. Evidence of arrangements for the transportation of petroleum products to final
    destination.
    f. Evidence of Agreement/Memorandum of Understanding (MOU) between the foreign
    Supplier of the petroleum products and the local company.
    g. Evidence of Sales/Purchase Contract between the local company and the final
    recipient(s) of the petroleum products.

    Page 1
    A petroleum products marketing (export) licence authorizes a company to import petroleum products into Ghana and re-export same
    to neighbouring countries under customs seal.
    Applicant companies that fully satisfy and meet the requirements in A and B shall be granted
    Petroleum Product Marketing (Export) Licences (final) to operate as Petroleum Product
    Marketing (Export) Companies.

    The validity of the final licence is one year.

    C. REQUIREMENTS FROM OTHER STAKEHOLDERS AFTER


    OBTAINING A PETROLEUM PRODUCT MARKETING (EXPORT) LICENCE

    Installation of the front-end of the GCNet in the offices of the respective applicant and
    subsequent declaration of all petroleum imports and exports to customs through the
    Ghana Customs Management System/Ghana Customs Network (GCMS/GCNet) prior to
    the delivery of the cargoes.

    Page 2 of 2

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