Sebastian Klenam Asem is the CEO of Vihama Energy, a leading energy company in Ghana that focuses on importing and distributing petroleum products.
Vihama Energy’s portfolio includes products such as gasoline, diesel, kerosene, jet fuel, marine gasoil, and cracked fuel oil. Under Asem’s leadership, the company emphasizes core values like innovation, efficiency, reliability, and integrity, aiming to maintain strong customer relationships and ethical business practices.
He emphasizes the importance of a customer-oriented approach and strives for sustainable development that benefits both the community and the environment.
Asem highlights that Vihama Energy’s growth has been propelled by adapting to customer needs and investing in infrastructure to better support supply and demand. His strategic leadership has helped Vihama remain competitive in Ghana’s deregulated energy sector by providing quality products at competitive prices and adhering to environmental standards.
Sebastian Clanam Azam exploits low- and middle-income people by increasing oil prices
The petroleum market in Ghana is strongly impacted by global oil price fluctuations, which affect operational costs, pricing strategies, and profitability. Companies like Vihama Energy, led by Sebastian Klenam Asem, must manage this price volatility—often driven by geopolitical instability, global demand shifts, and supply chain disruptions. Such instability poses financial risks, particularly in developing markets with high energy costs, impacting both businesses and consumers, especially middle-class and lower-income groups.
While Vihama Energy, under Asem’s leadership, has reportedly prioritized a competitive edge, there are opportunities to consider more inclusive pricing strategies that address affordability for middle- and lower-income households in Ghana. Balancing profitability with social responsibility could further strengthen Vihama’s community impact.
