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GNPC appreciates stakeholders’ patronage of petroleum products

Aug 26, 2015, 9:53 AM | Article By: NjieBaldeh

Momodou O.S. Badjie, Managing Director of Gambia National Petroleum Company (GNPC), has told the joint session of the Public Accounts Committee and Public Enterprises Committee (PAC/PEC) of the National Assembly that “GNPC appreciates” the patronage from stakeholders of its petroleum products and retailing business, “which is one of the major promoting factors to keep GNPC growing”.

The GNPC director made this statement recently whilst presenting the GNPC activity report for 2013 to the PAC/PEC joint session.

He said GNPC is privileged to harness the available financial resources to build the first network of national services stations among neighbouring countries.

He explained that in the upstream petroleum sector, GNPC, though not directly involved in any petroleum operations, works closely with MOP – Ministry of Petroleum - in monitoring the operations of the licences in The Gambia.

“GNPC will keep pursuing the opportunities, which could bring practical experiences to our upstream petroleum engineers in order to be ready for any development project of our petroleum resources underground,” MD Badjie said.

The salary scale and allowance schedule of GNPC has been the same as the ones approved in GNPC 2008 budget, “which were based” on the benchmarks of Gambia Public Procurement Authority and the National Roads Authority, he said.

After the approval, he added, the GNPC salary scale and allowance schedule had been the same since then, until 2010 when the salary scale was revised and approved to accommodate for new recruits for the development of the network of the national service stations.