The Ghana Government is to take over the country's petrol industry. The country already owned?
GV Ghaip oil refinery (4 shots)
CU Ghaip oil refinery sign
GV PAN.. TO pipe-lines
GV Tankers leading up with petroleum (2 shots)
GV Tanker pulling out of hangar and leaving refinery (2 shots)
SV & GV Head office of shell in Ghana
SV & GV Shell petrol station
SV & GV Mobil House
GV Petrol station (Mobil)
CU,SV & PAN Texaco tanker filling up (2 shots)
PAN, CV & SV Car filling up at garage (3 shots)
GV Cars being filled up at Total station (3 shots)
GV Traffic scene
Initials ES. 2149 ES. 2237
Script is copyright Reuters Limited. All rights reserved
Background: The Ghana Government is to take over the country's petrol industry. The country already owned 50 per cent of the country's only refinery at Tema. The new decree guarantees continuous supply of petrol to all sections of the community.
Shell, BP, Mobil Oil and Texaco, all the five petrol distributing firms in Ghana, are foreign and an Italian petrol group built the Tema refinery ten years ago.
The Italian company have been part owners of the refinery with the Government until now but there was an agreement when the refinery was built for the Government to take over 50 per cent in 1974. In fact they made the take-over in December 1972, earlier than planned.
The Government can pay compensation for any of the plants taken over. Their decree makes it an offence to smuggle any patrol product out of Ghana or to make an excessive or unlawful profit from petrol. Anyone trying to stop the Government taking control of petrol facilities can be fined up to 5,000 cedis (GBP 1,660) or jailed for up to two years.
The Tema refinery handles 23,000 barrels a day. The town is only 18 miles from Accra, the capital and it has a modern port for berthing tankers.
SYNOPSIS: The Government have also taken over all Ghana's petrol distribution.
Shell, BP, Mobil Oil, Texaco and Total are the five petrol distribution companies. They are all foreign and the Government has guaranteed to continue supplying petrol to all sections of the community. Compensation may be paid for the plants taken over.
The new decree makes it an offence to smuggle any petrol product out of Ghana, or to make an excessive or unlawful profit from petrol. Anyone trying to stop the Government taking control of petrol facilities can be fined up to five-thousand cedis or jailed for up to two years.