Ghana secures five weeks of fuel supply as Middle East tensions rattle Oil Markets
2nd March 2026
Amid escalating tensions in parts of the Middle East and concerns over potential disruptions to global oil supply, the National Petroleum Authority (NPA) says Ghana currently has enough fuel reserves to cushion consumers if international prices surge due to the conflict.
Speaking on The Probe on JoyNews on March 1, 2026, the NPA’s Director of Economic Regulation and Planning, Abass Ibrahim Tasunti, disclosed that the country holds about five weeks of fuel stock. He, however, cautioned that Ghana could still feel the impact of global oil market disruptions despite the existing reserves.
He explained that the Authority has put in place measures to ensure a steady supply of petroleum products, including securing alternative storage arrangements and maintaining a continuous import schedule.
According to Tasunti, sustaining adequate stock levels forms part of the NPA’s routine mandate to guarantee nationwide fuel availability.
“We have a plan where petroleum products are discharged almost every day. That covers the imported products. We also have the Sentuo Oil Refinery, which has been producing consistently since June 2025,” he said.
He added that the refinery continues to supply petroleum products daily to the domestic market. Additionally, the Atuabo Gas Processing Plant is producing and supplying liquefied petroleum gas (LPG) to consumers.
“So, while we consume what is currently in tank, we also have a structured import plan in place,” he noted.
Tasunti further revealed that several vessels are awaiting discharge at the Tema anchorage, including two cargoes carrying petrol and diesel. More imports, he said, have already been scheduled to prevent any potential supply shortfalls.
Providing a breakdown of available stocks, he stated that as of last Friday, diesel reserves were sufficient to last approximately 5.3 weeks, while petrol stocks could sustain supply for nearly 6.8 weeks.
The NPA maintains that these measures are intended to shield consumers from possible shocks should international crude prices spike as a result of the ongoing geopolitical tensions.