{"id":62839,"date":"2023-12-22T07:26:44","date_gmt":"2023-12-22T07:26:44","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=62839"},"modified":"2023-12-22T05:33:36","modified_gmt":"2023-12-22T05:33:36","slug":"sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","title":{"rendered":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the Cartel in the oil ring whose illegal trade is collapsing and is fighting to undermine the Government\u2019s fight against illegalities in the petroleum sector.<\/b><\/p>\n

SML said this while refuting the claims made about its operations in a recent documentary compiled by the Fourth Estate.<\/p>\n

The Fourth Estate in a report published on December 18 said its investigations have disproved wild claims by SML Company that it had helped to save Ghana billions of cedis that would have been lost in the downstream petroleum sector but for its intervention.<\/p>\n

The company also tried to justify why it receives up to GH\u20b524 million monthly payments from the government of Ghana in a questionable contract it signed with the Ministry of Finance and the Ghana Revenue Authority (GRA).<\/p>\n

The Fourth Estate, however, revealed that the company, with the help of a section of Ghana\u2019s media, had made false and unsubstantiated claims of its operations that have served as the basis for the payment it received. It appears the Ministry of Finance and the GRA were aware the claims were false, for some officials of the GRA said they had confronted the company about its claims of savings and volumes on two separate occasions.<\/p>\n

A few hours after the reporters confronted the management of SML with the findings of the investigation and asked for a response, the major services it claimed to render to the government disappeared from the company\u2019s website.<\/p>\n

The investigation also uncovered that at a time players in the downstream petroleum sector were questioning the relevance of SML\u2019s involvement, the Minister of Finance, Ken Ofori Atta, initiated a more outrageous deal that would entitle the company to over $100 million every year for the next 10 years.<\/p>\n

But SML in a statement said \u201cThe documentary represents a set of misrepresentations, false claims, and a general lack of understanding on the entire operations of the company.<\/p>\n

\u201cWe challenge Fourth Estate to produce any contract anywhere that is for a 10-year period. The 5th PPA Board at its 46th Board meeting in a letter referenced PPA\/CEO\/09\/2286\/23 approved a contract duration of five (5) years.\u201d<\/p>\n

Below is their full statement…<\/p>\n

STATEMENT BY SML ON THE DOCUMENTARY BY THE FOURTH ESTATE ON THE YET TO BE OPERATIONALIZED CONTRACT ON UPSTREAM PETROLEUM PRODUCTION AND MINERALS AND METALS RESOURCES VALUE CHAIN<\/b><\/p>\n

The company has taken note of a documentary that has been aired by the fourth estate\u2019s team and places these on record.<\/p>\n

\u2060We are aware of the heightened efforts by the Cartel in the oil ring whose illegal trade is being collapsed and is fighting to undermine Government\u2019s fight against illegalities in the petroleum sector.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the Cartel in the oil ring whose illegal trade is collapsing and is fighting to undermine the Government\u2019s fight against illegalities in the petroleum sector. SML said this while refuting the claims made about […]<\/p>\n","protected":false},"author":84,"featured_media":62838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-62839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nSML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector - Ghana<\/title>\n<meta name=\"description\" content=\"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector\" \/>\n<meta property=\"og:description\" content=\"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-22T07:26:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"562\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector\",\"datePublished\":\"2023-12-22T07:26:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\"},\"wordCount\":493,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\",\"name\":\"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg\",\"datePublished\":\"2023-12-22T07:26:44+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg\",\"width\":900,\"height\":562,\"caption\":\"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector - Ghana","description":"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","og_locale":"en_US","og_type":"article","og_title":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector","og_description":"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-12-22T07:26:44+00:00","og_image":[{"width":900,"height":562,"url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector","datePublished":"2023-12-22T07:26:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector"},"wordCount":493,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg","keywords":["Africa Press","Africa Press-Ghana","ghana"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector","name":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg","datePublished":"2023-12-22T07:26:44+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The management of the \u2060Strategic Mobilsation Ghana Limited (SML) has said they are aware of heightened efforts by the ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/12\/sm_1703210465.349844.jpg","width":900,"height":562,"caption":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/sml-says-they-are-aware-of-a-cartel-in-oil-ring-fighting-govt-effort-to-tackle-illegalities-in-petroleum-sector#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"SML says they are aware of a cartel in oil ring fighting govt effort to tackle illegalities in petroleum sector"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/62839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=62839"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/62839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/62838"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=62839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=62839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=62839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}