Members of the Trade and Industry Committee in Parliament visited NP (SL) Limited’s Terminal to assess the Company’s operations and discuss future industry regulations.
The visit was undertaken as part of the Committee’s oversight function, which not only gave the Committee the platform to evaluate the progress made in terms of improvements in the Company’s facility, but also created an enabling environment to identify and discuss challenges prevalent following the said improvements.
The delegation, led by the Committee Chairperson, Hon.Veronica Sesay aimed to gain a deeper understanding of the oil company’s logistical operations, safety protocols, environmental management approaches and Corporate Social Responsibility strategies.
On behalf of Parliament, Hon. Sesay thanked NP for ensuring reliability whenever there is scarcity. Expressing delight, Madam Sesay commends the Company for always doing a good job in always ensuring the availability of products.
During the tour, committee members observed the Terminal’s gantry facilities, loading arms and BRVs queuing to load fuel into their compartments. They were briefed on the latest technological advancements implemented by NP to improve operational efficiency and reduce environmental impact. Notably, the Company showcased its newly refurbished tanks and gantry upgrade.
During the engagement, Mr. Saidu Mansaray, CEO, NP (SL) Limited, presented the Company’s successful projects, including infrastructural developments undertaken at the Terminal as well as future plans in terms of CSR undertakings and progress concerning electronic system transition. Noting the massive overhaul at the Terminal, the CEO mentioned the upgrade of the storage tanks. Mr. Mansaray also spoke about the premium NP pays to security and safety in its Terminal operations. “We are committed to leading the industry in sustainable practices in our line of business.”
The discussions also touched on the challenges faced by the Company, including fluctuating global oil prices, maintenance of the road leading to the Terminal, and the availability of forex.
Committee members emphasized the importance of the oil company in the national economy, while also stressing the need to put measures in place to mitigate recurring fuel shortage in the country.
The relevance of the visit was to aid the Committee in its oversight operations. The insights gained from this visit will play a crucial role in shaping future policies.