The Deputy Managing Director of the Bulk Oil Storage and Transportation Company Limited, Nat Salifu Acheampong, has warned that the company could lose nearly GH¢40 million in April following government’s suspension of the BOST margin on diesel.

Speaking in an interview on JoyNews on Monday, April 20, 2026, he explained that although the margin on petrol remains in place, its removal on diesel will significantly affect the company’s operations and planned infrastructure projects.

Acheampong said BOST depends heavily on the margin to finance key investments, including the planned upgrade of its Accra-to-Akosombo pipeline. The existing six-inch pipeline is expected to be replaced with a 12-inch line to improve efficiency and support nationwide fuel distribution.

He cautioned that losing the margin would make it difficult for the company to undertake such projects, noting that the infrastructure is critical to the country’s energy security.

According to him, the financial impact of the suspension is already significant, with an estimated GH¢40 million loss projected for April alone. He warned that prolonged losses could adversely affect BOST’s operations.

Acheampong appealed to Parliament to support efforts to restore the margin once the current challenges ease, stressing that the levy is essential for sustaining the company’s mandate.

The BOST margin is a charge on petroleum products used to fund the maintenance of strategic fuel reserves and the development of national fuel infrastructure.