The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr Patrick Kwaku Ofori, has assured consumers that Ghana will not experience fuel shortages or queues at filling stations throughout December 2026.
He said adequate supply arrangements had been secured to ensure the uninterrupted availability of petroleum products for consumers and Oil Marketing Companies (OMCs) during the period.
Speaking on Joy News’ PM Express Business Edition, Dr Ofori said all necessary cargo arrangements had been secured to meet the country’s fuel requirements through December.
“We can confidently say that by the end, up till now, till December, we’re going to have all the cargo locked in,” he stated.
He added that the arrangements would ensure the safe delivery of petroleum products and prevent shortages that could result in long queues at fuel stations.
Dr Ofori said bulk oil distributors had remained committed to supplying the domestic market despite what he described as a challenging situation in the petroleum industry.
According to him, major industry players have consistently prioritised the Ghanaian market before considering exports to neighbouring countries.
“Almost all the big guys who were leading on the various leagues that were published have consistently served, and competed fairly and served the Ghanaian public before even thinking about exports into our neighbouring countries,” he said.
He further attributed the consistent availability of petroleum products to responsible business practices among CBOD members, noting that the chamber maintains internal oversight to prevent unfair practices and protect consumers.
Dr Ofori said the chamber also engages transparently with the industry regulator and encourages members to operate ethically.
“We even self-regulate ourselves and ensure that nobody takes advantage of the consuming public,” he added.
He acknowledged that disagreements could sometimes arise within the industry but stressed that distributors must be able to sell products they have already imported and priced to recover their investments and meet financial obligations to trading partners and banks.
He maintained that responsible industry practices, effective oversight and secured supply arrangements would help sustain fuel availability and prevent disruptions in the domestic market.
Story by FrimpomaaAma