Ghana is currently well-positioned to weather potential disruptions in the petroleum sector, with the National Petroleum Authority reporting nearly eight weeks of diesel stock and approximately seven weeks of petrol imports.
Speaking at the COMAC Safety Week on April 7, NPA Chief Executive Officer Godwin Edudzi Tameklo said that measures have been put in place to secure fuel supply amid tensions in the Middle East, including the scheduling of 10 vessels already en route to Ghana, arriving by mid-April.
Despite global refined fuel prices nearly doubling—with diesel rising from $695 to $1,337 per metric ton—the impact on local pump prices has been mitigated by the relative stability of the Ghanaian cedi, helping prevent a corresponding surge in domestic fuel costs.
The NPA’s assurances underline Ghana’s proactive approach to energy security, providing both traders and consumers confidence in uninterrupted fuel availability during periods of international market volatility.
