Ghana’s Port of Takoradi to handle more liquid bulk after inauguration of new terminal

GHANA – Port of Takoradi, Ghana’s premier port, is poised to handle greater quantities of liquid bulk, following the inauguration of a new state-of-the-art liquid bulk terminal by the Vice President of the Republic, His Excellency Dr. Mahamudu Bawumia.

The newly commissioned liquid bulk terminal at the Port of Takoradi would be responsible for receiving bulk liquid cargo such as petrol, diesel, LPG, heavy fuel and bitumen.

The liquid bulk terminal which cost about USD 56.7M was built, and would be operated and managed by Marshall Oil and Gas Services, a subsidiary of the IbisTek Group of Companies.

It consists of a -14m chart datum, 5 loading arms for the various petroleum products which are petrol, diesel, LPG, heavy fuel and bitumen.

It has a berthing capacity to handle vessels up to 60,000 tonnes of petroleum cargo, positioning the port as a leading handler of liquid bulk in the West Africa region.

While commissioning the facility, Dr. Mahamudu Bawumia stated that the Liquid Bulk Terminal project ties in with government’s vision towards ensuring efficiency in the country’s port operations which would go a long way to position the country as a major petroleum hub in the sub-region.

The Chairman of the IbisTek Group, Kwame Gyan, expressed gratitude to the Ghana Ports and Harbours Authority and its local financial partners for the faith shown in the indigenous business entity towards contributing to Ghana’s port infrastructural development.

“IbisTek is very grateful to the management and staff of GPHA for their tremendous support and collaboration. Minus GPHA, there wouldn’t be any IbisTek involvement in the Port of Takoradi,” Gyan said.

The Chairman of the Board of Directors of the Ghana Ports and Harbours Authority, Peter Mac Manu said the terminal is positioned to meet more than 50% of Ghana’s domestic petroleum consumption.

He further added new employment opportunities for Ghanaians will be created after commissioning of the facility.

According to Mr. Manu, the terminal is also expected to employ a regular 100 import specialist personnel, and more than 500 indirect persons to operate the facility.

The Minister of Transport, Kwaku Ofori Asiamah said, Government’s resilience to support IbisTek to develop its various infrastructural developments at the Port of Takoradi is a demonstration of the commitment to boosting the capacity of the Ghanaian private sector in meeting capital intensive industrialization objectives.

Port of Takoradi is positioned to service the northern hinterland of Ghana and the international trade of the three Sahelian landlocked economies of Burkina Faso, Mali and Niger. 

In 2019, the Port handled 38% of Ghana’s seaborne traffic, 75% of Ghana’s seaborne exports and 17% of Ghana’s seaborne imports.

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