The National Petroleum Authority (NPA) has moved to allay fears of fuel shortages in Ghana, assuring the nation that there is currently a sufficient reserve of petroleum products to last for more than two months.
Acting CEO of the Authority, Godwin Edudzi Tameklo, made the assurance during a briefing with the Parliamentary Select Committee on Energy at Senchi on Saturday, June 22, 2025. His statement comes at a time when global markets are facing increasing volatility due to geopolitical tensions, rising inflation, and supply chain disruptions—factors that have historically triggered fuel shortages in many developing economies.
“I can assure the good people of Ghana that we have enough stock to last us beyond two months, and with all the ongoing efforts, we are confident that there will be no supply disruptions,” Mr. Tameklo said.
Mr. Tameklo disclosed that Ghana currently holds:
Over 200 million litres of petrol
Over 150 million litres of diesel
These reserves are stored across strategic depots and fuel terminals across the country, forming part of Ghana’s national energy security infrastructure. According to the NPA boss, these levels are well above the safety threshold and are continuously monitored to ensure timely replenishment.
The acting CEO also revealed that vessels carrying additional petroleum products were already docked or en route within Ghanaian waters, and would further boost the nation’s reserves in the coming days.
In addition, he noted the increasing contribution of Nigeria’s Dangote Refinery, which has begun exporting substantial volumes of refined petrol and diesel, creating a new and reliable source of petroleum products for Ghana and other West African nations.
“The Dangote Refinery has become a game-changer for the sub-region. Its proximity, capacity, and output will provide significant support to Ghana’s fuel needs going forward,” he added.
The assurance from the NPA comes at a crucial time when many Ghanaians are growing anxious over the impact of global energy trends, including:
Rising crude oil prices on the international market
Currency depreciation in oil-importing countries
Conflict in energy-producing regions like the Middle East
Logistics and transport disruptions globally
Despite these risks, Ghana appears to have taken proactive steps to insulate its fuel supply chain. The country’s strategic stockholding system, combined with better coordination among Bulk Oil Distributors (BDCs) and Oil Marketing Companies (OMCs), is helping to maintain uninterrupted fuel distribution.
Mr. Tameklo noted that the NPA has improved its oversight mechanisms to monitor pricing, prevent hoarding, and ensure the timely release of stocks to the market to avoid panic buying or artificial shortages.
The Parliamentary Select Committee on Energy, which received the briefing, expressed satisfaction with the NPA’s preparations and commended the leadership for maintaining steady supply despite global uncertainty.
Chairpersons and members of the committee also discussed other long-term strategies including:
Expansion of fuel storage capacity nationwide
Investment in alternative energy sources
Reducing over-reliance on fuel imports
Encouraging public-private partnerships in energy logistics
Ghana’s current fuel security measures are part of a larger national energy strategy to stabilize prices, ensure accessibility, and support economic recovery, especially as fuel costs directly impact transportation, agriculture, manufacturing, and inflation rates.
In conclusion, the NPA is urging the public to remain calm and avoid panic purchases, assuring that all major retail outlets will continue to receive adequate supplies of petrol and diesel. The Authority reiterated its commitment to transparency and efficiency in managing the country’s fuel stock and ensuring that Ghanaians do not experience shortages or price shocks.
As global energy dynamics continue to evolve, Ghana’s proactive approach to managing fuel reserves places the country in a relatively secure position—ensuring energy reliability, economic stability, and public confidence in its fuel supply chain.