Ghana fuel stocks remain sufficient to last several weeks despite rising global oil market uncertainty triggered by escalating tensions in the Middle East, the National Petroleum Authority (NPA) has assured.
The authority says existing reserves and continuous import schedules will prevent any immediate fuel shortages, even as global supply risks heighten following recent attacks involving Iran and growing regional instability.
Weeks of Diesel and Petrol Available
Speaking on JoyNews’ The Probe on March 1, the NPA’s Director of Economic Regulation and Planning, Abass Ibrahim Tasunti, disclosed that current stock levels provide a strong buffer against short-term disruptions.
“As of last Friday, we have diesel stocks to last us over five weeks. Roughly, it will last us up to 5.3 weeks. And then for petrol, we have almost 6.8 weeks to last.” - Abass Ibrahim Tasunti, NPA’s Director of Economic Regulation and Planning
He stressed that the stock position was not an emergency response to the current crisis but part of the regulator’s routine supply management strategy designed to ensure national energy security.
Continuous Supply and Local Production
Tasunti explained that Ghana maintains a rolling supply system that combines regular imports with domestic production to keep the market stable.
“So we have a plan where almost every day, discharge of petroleum products are being done. That’s for the imported products,” he said, adding that local processing capacity is also contributing to supply.
According to him, the Sentuo Oil Refinery has been producing daily since June 2025 and continues to release petroleum products onto the market.
In addition, the Atuabo Gas Processing Plant is supplying liquefied petroleum gas (LPG), helping to diversify energy availability.He noted that the NPA continuously monitors national consumption levels and schedules imports ahead of demand to avoid supply gaps.
“Even without this war, we always ensure that we have a plan to make petroleum products available for consumers in the country… it’s one of NPA’s major mandates.” - Abass Ibrahim Tasunti, NPA’s Director of Economic Regulation and Planning
More Cargoes Await Discharge
To further reinforce supply, Tasunti revealed that multiple fuel vessels are currently waiting at the Tema anchorage. These include two cargoes of diesel and two cargoes of petrol, with additional shipments already programmed.
The steady inflow means that while existing stocks are being consumed, fresh supplies are arriving to replenish reserves, reducing the risk of market disruption.
While authorities acknowledge that global price movements may still affect local pump prices due to Ghana’s reliance on imports, the NPA maintains that physical availability of fuel is not under threat.
The assurance comes at a time of heightened public concern over potential supply shortages, as geopolitical tensions continue to drive volatility in international oil markets.
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