US EditionBurkina Faso: SONABHY Invests 42.45 Billion FCFA in a Terminal in Ghana
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SONABHY (Burkinabè National Hydrocarbons Company) continues its expansion with the acquisition of a storage terminal in Ghana. This strategic investment of 42.45 billion FCFA (70 [...]
Burkina Faso has taken a major step towards strengthening its energy security by acquiring a hydrocarbon depot in Ghana. This initiative aims to ensure a stable supply and reduce the country’s dependence on external infrastructure. A $70 million acquisition On March 5, 2025, the Burkinabe government announced the purchase of the Tema Multi Purpose Terminal hydrocarbon depot, previously owned by Blue Ocean Investment Limited. The cost of this acq…
Burkina Faso announced, on Wednesday, March 5, 2025, the acquisition of the Tema Multi Purpose Terminal Oil Deposit, located in Ghana and owned by Blue Ocean Investment Limited. This transaction, worth US$70 million, aims to strengthen the storage capacity of the Société nationale burkinabè des hydrocarbons (SONABHY). According to the authorities of Burkina Faso, this initiative is part of a broader strategy aimed at securing the country's energ…
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