Star Oil rejoins COMAC, calls for reforms to governance structure

Star Oil Ghana Limited has announced its decision to rejoin the Chamber of Oil Marketing Companies (COMAC), while calling for reforms to the Chamber’s governance structure to ensure fairer representation of its members.

However, the company said its return would also provide an opportunity to push for changes to COMAC’s governance arrangements, particularly provisions in the Chamber’s constitution that grant permanent board representation to three oil marketing companies because they are founding members.

Star Oil said its return to COMAC should be seen not only as a resumption of membership and board representation, but also as a commitment to working with other members to make the Chamber more representative, responsive and effective.