NPA secures 5 weeks fuel stock amid Middle East tensions

Amid the ongoing tensions in parts of the Middle East, which have sparked both regional and geopolitical tensions, the National Petroleum Authority (NPA) has stated that Ghana has about five weeks of fuel stock to cushion consumers if international oil prices soar as a result of the war.

According to the Director of Economic Regulation and Planning at the NPA, Abass Ibrahim Tasunti, speaking on The Probe on JoyNews on March 1, 2026, Ghana also stands a chance of feeling the effects of global oil market disruptions despite its current reserves.

He explained that as part of measures to ensure a consistent fuel supply, the NPA has sought alternative storage mechanisms.

Tasunti emphasised that maintaining adequate stock levels is part of the NPA’s regular mandate to guarantee fuel availability at all times.

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“So, we have a plan where almost every day, petroleum products are being discharged. That’s for the imported products. We also have the Sentuo Oil Refinery, which has been consistently producing since June 2025.

"As we speak, they are producing daily and putting petroleum products on the market. The Atuabo Gas Processing Plant is also producing and supplying LPG to the market. So, in terms of stocks, while we consume what is in-tank, we also have a plan for imports,” he said.

He added that a number of vessels are currently awaiting discharge at Tema anchorage, with two cargoes carrying petrol and diesel.

Tasunti added that more imports have already been scheduled to help mitigate any potential shortages.

“As of last Friday, we had diesel stocks to last over five weeks; roughly 5.3 weeks. For petrol, we have almost 6.8 weeks of supply,” he noted.

SP/AE

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