NPA Cracks Down on Sentuo Oil Over Exclusive Sales Deals, Threatens License Action.
Story By Michael Ofosu-Afriyie, Kumasi.
Ghana’s National Petroleum Authority (NPA) has ordered Sentuo Oil Refinery Limited to immediately halt restrictive supply practices and explain why its operating license should not be suspended or revoked.
The regulator’s directive, issued on August 18, 2026, follows growing complaints that Sentuo forced licensed Bulk Import, Distribution, and Export Companies (BIDECs) to purchase products through an exclusive intermediary, identified by industry sources as Mohamed Raii.
The arrangement led to non-delivery of prepaid products, locked-up capital, and financial strain across downstream operators and financing banks.
Allegations:
Raii allegedly funneled products through distribution points like AXSOR, while claiming unverified ties to senior government and security officials.
Citing Sections 18, 24, and 40 of Act 691, the NPA commanded Sentuo to provide fair, transparent product access to all licensed players.
Chief Executive Officer:
NPA Chief Executive Godwin Kudzo Tameklo gave the refinery seven working days to comply and show cause against license revocation.
The intervention aligns with broader warnings from the Chamber of Bulk Oil Distributors (CBOD) regarding systemic supply disruptions and financial risks caused by undelivered orders across the market.
