Indigenous Oil Marketing Company (OMC), PETROSOL Ghana, has received triple ISO certification for its establishment and implementation of best practices in the operations of the company.
The certification comes on the back of the company’s internal systems and processes for procuring, storing, distributing, and marketing fuel and lubricants subjected to arduous international auditing by TUV HESSEN on behalf of the International Organisation for Standardisation (ISO).
ISO Certification;
ISO certification is a seal of approval from a third-party body that a company runs to one of the international standards developed and published by the International Organization for Standardization (ISO).
An impressive feat, PETROSOL’s triple certification makes it the first indigenous OMC to hold three ISO certifications: ISO 9001: 2015 for Quality Management System, ISO 14001: 2015 for Environmental Management System, and ISO 45001: 2018 for Occupational Health & Safety Management System.
Michael Bozumbil, CEO of PETROSOL, at a ceremony in Accra to present the certificates to the downstream regulator, noted that this landmark would go to assure financiers and suppliers that it had successfully put in place systems and structures to ensure PETROSOL’s business model remained sustainable while having the financial muscles to repay facilities and credit granted to them.
Describing the certification as an external validation of their operations, he called for the government’s support while reaching out to consumers to continue the purchase of the company’s petroleum products and services as it complies with regulatory requirements and also places the sustainability of the environment, the safety of people and property as the topmost priority.
Industry Plaudits;
On the part of the National Petroleum Authority, Maria Edith Oquaye, Director of Corporate Affairs commended PETROSOL for being the first indigenous OMC to achieve this milestone and further charged it to avoid unethical practices that could dent its hard-earned reputation.
Duncan Amoah, Executive Secretary of Chamber of Petroleum Consumers (COPEC) Ghana acknowledged the triple certification as an affirmation that the company’s activities have been neither scandalous nor with any blemish. He advised other players in the petroleum downstream to follow PETROSOL’s example and give consumers assurance of the highest standards for their products and services.
Operations;
PETROSOL has been in existence since 2006 but began operating as an OMC in February 2014. Between 2006 and 2013, the indigenous company operated as a petroleum business management and consultancy firm, providing technical and managerial support to several operators in the petroleum downstream subsector.
PETROSOL Ghana currently operates over 100 service stations and has since begun operations paid GH¢ 568 million in taxes to the government as of the end of 2020.