Global instability in the Middle East is reigniting calls for Ghana to fast-track its petroleum hub project and strengthen domestic fuel security measures.
The Petroleum Hub Development Corporation says the unfolding crisis highlights Ghana’s vulnerability to external supply shocks and underscores the urgency of building a more resilient energy system.
Speaking to Citi Business News, the Corporation’s Deputy CEO for Operations and Technical, Onasis Kobby Rosely, stressed that Ghana must adopt a forward-looking strategy that prioritises long-term energy independence.
Central to this approach is the establishment of strategic fuel reserves capable of covering at least 90 days of national consumption—an international benchmark for energy security. He noted that such reserves would cushion the country against global supply disruptions and price volatility.
Beyond stockpiling, the Corporation is advocating increased investment in local refining capacity to reduce reliance on imported petroleum products. Accelerating the implementation of the petroleum hub project is also seen as critical to positioning Ghana as a key energy player in the region.
According to Mr. Rosely, recent global developments serve as a wake-up call for Ghana and other African countries to rethink their energy strategies and build systems that can withstand external shocks.
The renewed push signals a shift toward long-term planning in Ghana’s energy sector, with policymakers urged to act swiftly to secure the country’s fuel future.
