Ghana’s fuel supply remains stable and sufficient to meet national demand despite growing concerns about global energy market tensions, the National Petroleum Authority (NPA) said on Wednesday.
In a statement issued in Accra on March 11, the regulator said a joint review conducted with the Ministry of Energy and Green Transition and industry stakeholders confirmed that the country has adequate petroleum stocks available.
The assessment was carried out following public concerns about possible disruptions linked to developments in the global oil market and rising geopolitical tensions in the Middle East.
According to the NPA, existing national reserves of petrol, diesel, aviation turbine kerosene and liquefied petroleum gas are enough to meet both current consumption and projected demand across the country.
The authority said the government has put in place proactive measures to safeguard supply reliability and ensure continued stability in Ghana’s petroleum market.
These measures include continuous monitoring of national stock levels and close coordination with international oil traders, bulk importers and distributors, BOST Energies and local refineries.
The NPA said such collaboration is aimed at ensuring timely imports and the steady distribution of petroleum products nationwide.
The regulator added that it is strengthening strategic supply planning and price monitoring mechanisms to reduce the risk of supply disruptions or sharp price volatility linked to global market shifts.
It therefore urged the public to remain calm and avoid panic buying, stressing that the petroleum supply chain is operating normally.
The authority reiterated its commitment to protecting consumer interests, maintaining transparent market operations and keeping the public informed about any major developments in the sector.