Burkina Faso Acquires $70 Million Dollars Hydrocarbon Depot in Ghana to Boost Energy Security
The Burkinabe government is expanding the storage capacity of the National Hydrocarbons Company (SONABHY) with the recent $70 million acquisition of the Tema Multi-Purpose Terminal hydrocarbon depot in Ghana. Authorities believe that owning a depot outside Burkina Faso, equipped with sufficient storage infrastructure, will help strengthen the country’s energy security. The Council of Ministers justified…
