Lattice Energy Ltd, a member of Abagona Legacy Holdings, has received a Bulk Import, Distribution and Export licence from the National Petroleum Authority. This development marks a significant milestone in the growth of the Group's integrated petroleum business. The licence, granted in September 2026, allows Lattice Energy to import, distribute and export various refined petroleum products and crude oil.
Abagona Legacy Holdings' journey in the petroleum sector began in 2017 with petroleum haulage through Translogies Ghana Ltd. This experience laid the groundwork for understanding petroleum product movement, distribution and logistics in Ghana. The Group later expanded into downstream petroleum marketing with Sotei Energy Ltd, which received its Oil Marketing Company licence in 2019.
With the new licence, Abagona Legacy Holdings now has businesses across critical stages of the petroleum value chain. The Group's businesses, including Lattice Energy, Sotei Energy and Translogies Ghana, complement each other. Lattice Energy focuses on bulk petroleum importation, distribution and export, while Sotei Energy operates in retail and commercial petroleum marketing.
The licence allows Lattice Energy to source petroleum products directly from international suppliers, strengthening the Group's ability to plan inventories and respond to customer demand. This development provides an additional source of supply for Sotei Energy and enables better coordination of product movement from the bulk market to customers.
Abagona Legacy Holdings' expansion comes as Ghana's downstream petroleum industry continues to evolve, with indigenous companies seeking greater participation across the petroleum value chain. The Group believes its experience in haulage, retail and commercial petroleum supply provides a strong foundation for Lattice Energy's entry into the bulk market.
While Ghana remains the primary market, the export component of Lattice Energy's licence creates opportunities for regional petroleum trade. The Group intends to continue investing in infrastructure, logistics and partnerships as it expands its participation in Ghana's petroleum industry and potentially into the West African market.
The Bulk Import, Distribution and Export licence represents a significant step in Abagona Legacy Holdings' evolution as a diversified Ghanaian business group. The Group aims to build a strong indigenous energy business capable of competing in Ghana and participating in the wider West African market.
Key points
- Lattice Energy's licence allows for the import, distribution and export of refined petroleum products and crude oil.
- Abagona Legacy Holdings now has a complete petroleum value chain, from haulage to bulk import and distribution.
- The Group plans to expand its participation in Ghana's petroleum industry and potentially into the West African market.
