MISYL Energy Company Limited, a privately owned Ghanaian company, formed to provide support to the downstream petroleum sector, has celebrated a decade of its existence in the energy sector.
MISYL in 2014, received its license from the National Petroleum Authority, as a
Bulk Import, Distribution, and Export Company. (BIDEC).
The company has builtfor itself a solid reputation for helping out clients in
the areas of procurement, and distribution of petroleum products.
Products including Gasoil, Gasoline, Liquified Petroleum Gas (LPG), Kerosene,
and Aviation Turbine Kerosene (ATK) are distributed by the company.
MISYL unveiled its decade anniversary on June, 14, 2024, to signal series of
activities to commemorate a year long program.
As an actor in the business of the importation of petroleum products, it
promised to raise its business relations with customers and partners to another
level.
MISYL , a member of the Ghana Chamber of Bulk Oil Distributors appealed to
government to as a matter of urgency, institute pragmatic measures to offer
members of the chamber flat forex rate.
According to them, the recent cedi-dollar fluctuations is affecting its
operations and causing many of its allies to fold up.
Mr Frederick Lovewings Ametepey, General Manager of MYSYL Energy Company
Limited indicated that the only way government can keep the Bulk Oil
Distributors ( BDCs) in business is to give all crude oil and other importers
of similar products to Ghana a flate dollar rate to do business and to maximise
some level of profit.
Also at the anniversary launch was the Executive Secretary of the Importers and
Exporters Association, Mr Sampson Asaki Awingobit, who also appealed to the
government to fix the Cedi-dollar fluctuations, which is currently having a
huge toll businesses in the country.
The Corporate and External Affairs Director of Chamber of Bulk Oil
Distributors- Ghana, (CBOG) Evelyn Asare, however appreciated the contributions
of the members of the chamber, especially MISYL energy Company Limited, for its
active participation in the recent Green Ghana Day for planting 1,000 trees in
Chipa Forest Reserve.
Source: Peacefmonline.com