The National Petroleum Authority (NPA) has reassured Ghanaians that the country maintains adequate stocks of petroleum products and that market conditions remain stable, amid growing concerns about fluctuations in the global energy market.
In a statement released today, the NPA emphasized that “Ghana currently has adequate stocks of petroleum products, and the national fuel supply situation remains stable and firmly under control.” The Authority said its assessment was based on a comprehensive review of national petroleum stock levels and supply arrangements, in collaboration with the Ministry of Energy and Green Transition and key industry stakeholders.
According to the NPA, sufficient quantities of Petrol (PMS), Diesel (AGO), Aviation Turbine Kerosene (ATK), and Liquefied Petroleum Gas (LPG) are available to meet both current and projected national demand.
The Authority noted that proactive measures are being implemented to safeguard supply reliability, including continuous monitoring of stock levels and strategic coordination with International Oil Trading Companies, Bulk Import, Distribution and Export Companies (BIDECS), BOST Energies, and local refineries.
The NPA also reassured consumers that “there is no cause for alarm or panic buying, as the petroleum supply chain continues to function normally and adequate stocks are available nationwide.” They highlighted that strategic supply planning and price monitoring mechanisms are being strengthened to mitigate any potential disruptions or volatility caused by global market developments.
The Authority remains committed to ensuring reliable fuel supply, transparent market operations, and protecting consumer interests, promising to keep the public informed of any significant updates.