NPA Assures Public of Adequate Fuel Stocks Amid Global Market Concerns

Accra: The National Petroleum Authority (NPA) has assured the public that Ghana has adequate stocks of petroleum products and that the country's fuel supply situation remains stable, despite recent concerns about developments in the global energy market. The Authority stated that the national fuel supply chain is functioning normally and that there is no cause for alarm.

According to Ghana Web, the NPA confirmed that a comprehensive review of national petroleum stock levels and supply arrangements had been conducted in collaboration with the Ministry of Energy and Green Transition and key industry stakeholders. The review indicated that 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 emphasized that the government continues to implement proactive measures to safeguard supply reliability and maintain market stability. These measures include continuous monitoring of national stock levels and strategic coordination with International Oil Trading Companies (IOTCs), Bulk Import, Distribution and Export Companies (BIDECs), BOST Energies, and local refineries to ensure timely imports and consistent availability of petroleum products across the country.

Furthermore, the NPA stated that it is strengthening strategic supply planning and price monitoring mechanisms to mitigate any potential disruptions or price volatility resulting from developments in the global petroleum market. The public is urged to avoid panic buying, as adequate stocks of fuel are available nationwide. The Authority remains committed to ensuring reliable supply, transparent market operations, and the protection of consumer interests.