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The Bulk Oil Storage and Transportation Company Limited (BOST) has dismissed claims made by some tanker drivers that its operations are taking a nosedive.

According to BOST, things are rather getting better with asset utilisation, for instance, improving from 15 percent to 85 percent within two years.

The tanker drivers had petitioned President Nana Addo Dankwa Akufo-Addo about lack of fuel for them to cart for close to a year now, rendering some of them jobless.

But in a statement issued over the weekend, BOST explained that over the past years its two pipelines as well as four barges, which were pivotal in the carting of fuel from the south to the north, had been down, increasing the workload for fuel tanker via road.

“[However] efficient resource utilization and focused management has resulted in a full repair of all four river barges that were grounded and the two pipelines which had been out of use for close to five years,” the statement said.

“The barges are in full utilization and the Buipe-Bolgatanga Petroleum Product Pipeline is in full use,” it added, promising that the Tema-Akosombo pipeline will also be back on stream “by close of the third quarter”.

As a result of this, load for the tankers has reduced as it is “faster and quicker” for the company to cart fuel to the northern part of the country.

It, therefore, urged the public to disregard the media reports and allegations of tanker drivers.

“BOST is in safe hands (a solid board and management team) and things are really getting better: our asset utilization has improved from a paltry 15% to 85% (including the pipelines and barges) within two years and we are seeking to bring every single asset which has been lying idle over the last couple of years into operation to maximize value for the 30 million Ghanaians.”

By Emmanuel Kwame Amoh||Ghana