{"id":135871,"date":"2023-12-31T14:47:19","date_gmt":"2023-12-31T14:47:19","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/"},"modified":"2023-12-31T14:47:19","modified_gmt":"2023-12-31T14:47:19","slug":"npa-revokes-licences-of-40-omcs","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/","title":{"rendered":"NPA revokes licences of 40 OMCs \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Ghana\u2019s petroleum downstream regulator has revoked the licences of 40 Oil Marketing Companies (OMCs) for failing to comply with industry regulations.<\/strong><\/p>\n<p>In January this year, the regulator, in a statement, announced the revocation of 30 licences of OMCs.<\/p>\n<p>This means that from January to date, the NPA has revoked an additional 10 licences.<\/p>\n<p>Briefing the media about the operations of the Authority this year, the NPA\u2019s Chief Executive, Dr Mustapha Abdul-Hamid, explained that the said holders of the licences were engaging in illegalities.<\/p>\n<p>\u201cSo, we\u2019ve also been hard on people holding licences who didn\u2019t have the correct requirements for holding those licences,\u201d he said.<\/p>\n<p>The NPA boss assured industry players of the Authority\u2019s commitment to sanitizing the industry by weeding out the non-compliant to ensure those who obey the rules only operate.<\/p>\n<p>Dr Abdul-Hamid stated that the NPA, with Support from EOCO, constituted a committee to go after OMCs who had defaulted in payment of margins and levies.<\/p>\n<p>Dr Abdul-Hamid happily announced that since the formation of the committee, fund collection had increased and they had been able to collect legacy debts.<\/p>\n<p>\u201cToday, we\u2019ve been able to collect up to Gh\u00a273 million from people who were not paying or ready to pay this sum of money,\u201d he announced.<\/p>\n<p>The NPA boss further told the media that one of the things his outfit is seeking to do is amend the NPA Act 2005, Act 691 to reflect modern petroleum sector standards to help Ghanaians get the full benefits of their natural resources.<\/p>\n<p>classfmonline.com <\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s petroleum downstream regulator has revoked the licences of 40 Oil Marketing Companies (OMCs) for failing to comply with industry regulations. In January this year, the regulator, in a statement, announced the revocation of 30 licences of OMCs. This means that from January to date, the NPA has revoked an additional 10 licences. Briefing the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":105433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-135871","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Ghana\u2019s petroleum downstream regulator has revoked the licences of 40 Oil Marketing Companies (OMCs) for failing to comply with industry regulations. In January this year, the regulator, in a statement, announced the revocation of 30 licences of OMCs. This means that from January to date, the NPA has revoked an additional 10 licences. Briefing the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-31T14:47:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"714\" \/>\n\t<meta property=\"og:image:height\" content=\"424\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/\",\"name\":\"NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg\",\"datePublished\":\"2023-12-31T14:47:19+00:00\",\"dateModified\":\"2023-12-31T14:47:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg\",\"contentUrl\":\"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg\",\"width\":714,\"height\":424},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ghanamma.com\/2023\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NPA revokes licences of 40 OMCs \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2023\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\/\/www.ghanamma.com\/2023\"],\"url\":\"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/","og_locale":"en_US","og_type":"article","og_title":"NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com","og_description":"Ghana\u2019s petroleum downstream regulator has revoked the licences of 40 Oil Marketing Companies (OMCs) for failing to comply with industry regulations. In January this year, the regulator, in a statement, announced the revocation of 30 licences of OMCs. This means that from January to date, the NPA has revoked an additional 10 licences. Briefing the [&hellip;]","og_url":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/","og_site_name":"Ghanamma.com","article_published_time":"2023-12-31T14:47:19+00:00","og_image":[{"width":714,"height":424,"url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/","url":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/","name":"NPA revokes licences of 40 OMCs \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2023\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg","datePublished":"2023-12-31T14:47:19+00:00","dateModified":"2023-12-31T14:47:19+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2023\/wp-content\/uploads\/2023\/10\/fuel-price.jpg","width":714,"height":424},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2023\/12\/31\/npa-revokes-licences-of-40-omcs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2023\/"},{"@type":"ListItem","position":2,"name":"NPA revokes licences of 40 OMCs \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2023\/#website","url":"https:\/\/www.ghanamma.com\/2023\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2023\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/6f91dab2e50bbbfe895c93e7e84e7f74","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2023\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2023"],"url":"https:\/\/www.ghanamma.com\/2023\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/135871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/comments?post=135871"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/posts\/135871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media\/105433"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/media?parent=135871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/categories?post=135871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2023\/wp-json\/wp\/v2\/tags?post=135871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}