Mr. Krapah who was speaking at the 25th anniversary of Engen Ghana lauded the company for its service to Ghanaians across the 52 service centres in the country.
"25 years desrves to be celebrated in grand style, and all of you - the Board, Management and Staff of Engen Ghana should walk chest out, proud of what yo have all collectively achieved. Ghana's Petroleum story is not complete without Engen Ghana Limited," the deputy minister opined at the 25th anniversary at the Labadi Beach Hotel in Accra on Thursday, April 6, 2023.
According to Mr. Krapah, Engen's contribution to the industry was important and cannot be overlooked by the government.
He also used the opportunity to educate those present on the government's Gold for Oil (G4Oil) policy. He stated that the programme was introduced by the NPP government to help stabilise fuel prices.
He explained that programme is an initiative implemented by the Akufo-Addo led government to use Bank of Ghana's existing domestic gold purchase (DGP) programme to support the importation of petroleum products into Ghana.
"The introduction of the Gold4Oil programme is to provide forex cover for importation of petroleum products outside of the existing forex arrangements."
He noted that this "has been a game changer and we are now enjoying significant lower ex-pump prices".
Engen Ghana Limited also used the occasion to award some distinguished staff.
Engen Ghana Limited (EGL), is a leading oil marketing company specialising in downstream refined petroleum markets and related businesses.
EGL started its operations in Ghana in 1998 and has grown to become a formidable player in the oil marketing industry, with a reputation for delivering superior petroleum products and services, including the Petronas range of lubricants.
Over the past 25 years, Engen Ghana Limited has distinguished itself as a trusted brand and the desired petroleum retailer and supply partner in Ghana.
The company’s successes can be attributed to its focus on innovation, sustainability, stellar customer service and corporate social responsibility.
"Our Silver Jubilee is a celebration of our collective successes, indomitable spirit and longevity. It is a testament to our resolve to never compromise on service excellence, maintaining a clear focus on safety and sustainability whilst meeting the evolving needs and expectations of our customers without compromising on quality," Managing Director of Engen Ghana, Brent Nartey stated.
Engen Ghana due to its excellent service was acknowledged recently when it was awarded Emerging Brand of the Year at the Ghana Oil and Gas Awards.