The National Petroleum Authority (NPA) has reassured Ghanaians of ample fuel stocks, easing fears of shortages amid rising Middle East tensions.
In a JoyNews interview on Sunday, March 1, NPA’s Director of Economic Regulation and Planning, Abass Ibrahim Tasunti, revealed robust reserves. “As of last Friday, diesel stocks will last over 5.3 weeks, and petrol nearly 6.8 weeks,” he stated.
Tasunti emphasized these levels reflect the NPA’s standard mandate, not a crisis response. “We routinely ensure uninterrupted supply, war or no war,” he added. The authority monitors daily imports, bolstered by domestic output from the Sentuo oil refinery operational since June 2025 and LPG from the Atuabo Gas Processing Plant.
Several vessels await discharge at Tema anchorage, including two diesel and two petrol cargoes, with more imports lined up.
As a net importer, Ghana can’t fully escape global disruptions, the NPA admitted. Meanwhile, the Chamber of Petroleum Consumers (COPEC) warns of looming price hikes. Executive Secretary Duncan Amoah noted traders are already pricing in risks: “Hostilities in the Middle East could hit the next cargo.”
This follows global crude prices surging past $91 per barrel due to tensions near the Strait of Hormuz.
Story by: Mercy Addai Turkson#ahotorfmonline.com