CBOD, COMAC Deepen Industry Collaboration to Strengthen Downstream Petroleum Sector

CBOD, COMAC Deepen Industry Collaboration to Strengthen Downstream Petroleum Sector The Chamber of Bulk Oil Distributors (CBOD) has paid a courtesy call on the Chamber of Oil Marketing Companies (COMAC) as part of efforts to deepen engagement and reinforce collaboration within Ghana’s downstream petroleum industry. The CBOD delegation was led by its Chief Executive Officer, Dr. Patrick Ofori, and included Richard Kissi, Head of Finance and Industry Operations; Angela Osei-Badu, Member Relations and HR Manager; Ebenezer Yidana, Research Officer; Evelyn Asare, Corporate and External Affairs Officer; and Oscar Cyril K. Mingah, Operations Assistant Officer. The COMAC team was headed by its CEO, Dr. Riverson Oppong, and comprised Mohammed (Mo) Issah, Director for Policy and Regulations; Samuel Wristberg, Head of Policy and Research; Adjoa Baah Akuffo Esq., Head of Administration and Legal Advisor; Abena Ofosua Larbi, Senior Corporate Communication Officer; Courage Agblevor, Senior Compliance Officer; and Genny Dodoo, Executive Assistant. Discussions between the two industry bodies extended beyond formal introductions, focusing on governance structures, operational challenges, and key issues affecting their respective memberships and the broader downstream petroleum sector. The engagement was described as solution-oriented, with deliberations centred on compliance and enforcement standards, member subscription frameworks, pricing dynamics, and the wider commercial and regulatory landscape guiding industry operations. Both organisations underscored the importance of product quality assurance, brand integrity, and operational discipline as critical drivers of market confidence. They also explored the institutionalisation of a joint dispute resolution committee and the strengthening of credit and financial risk management mechanisms to promote accountability and stability across the sector. The meeting further outlined pathways for structured collaboration, particularly in areas requiring unified advocacy, coordinated policy engagement, and strategic industry action to support sustainable growth. While acknowledging their distinct mandates, both CBOD and COMAC reaffirmed their shared responsibility to safeguard the interests of the industry and pledged to translate the dialogue into measurable, results-driven cooperation.