The National Petroleum Authority (NPA) has assured Ghanaians that the country has sufficient fuel reserves to prevent any immediate shortages, despite rising tensions in the Middle East.
Speaking on JoyNews on Sunday, March 1, the Director of Economic Regulation and Planning at the NPA, Abass Ibrahim Tasunti, said current stock levels remain strong and stable.
According to him, as of last Friday, Ghana had enough diesel to last more than five weeks, specifically about 5.3 weeks. Petrol stocks, he added, are even stronger, with supplies expected to last approximately 6.8 weeks.
Mr Tasunti explained that these stock levels are not a response to the ongoing geopolitical tensions but are part of the Authority’s regular mandate to ensure uninterrupted supply of petroleum products across the country.
He noted that the NPA continuously plans to make petroleum products available to consumers, regardless of global developments. “Even without this war, we always ensure that we have a plan to make petroleum products available for consumers in the country. It is one of NPA’s major mandates,” he said.
The Authority, he explained, oversees the daily discharge of imported petroleum products, while local production also supports supply. He pointed out that the Sentuo oil refinery has been operating consistently since June 2025, supplying petroleum products to the domestic market. In addition, the Atuabo Gas Processing Plant continues to produce and distribute liquefied petroleum gas (LPG).
Mr Tasunti further disclosed that several vessels are currently waiting at the Tema anchorage to discharge their cargo. These include two shipments of diesel and two shipments of petrol, with additional imports already scheduled to arrive.
While maintaining that fuel supply remains stable, the NPA acknowledged that Ghana, as a net importer of petroleum products, is not insulated from global oil market disruptions and could feel the effects if tensions escalate.
In a related development, the Chamber of Petroleum Consumers (COPEC) has cautioned that the ongoing hostilities in the Middle East may influence fuel pricing in the coming weeks.
Executive Secretary of COPEC, Duncan Amoah, indicated that traders are already factoring geopolitical risks into their pricing decisions for future cargoes. He noted that anyone bringing stock onto the market would likely consider the prevailing tensions in the Middle East and how they could affect the next shipment.
Despite these concerns, the NPA maintains that current stock levels are adequate and there is no immediate threat of fuel shortages in the country.
