The National Petroleum Authority (NPA) has allayed fears of a fuel shortage after some filling stations reported a shortage of petrol and diesel.
According to the Authority, while some oil marketing companies reported shortages at some of their outlets, there was no shortage of petroleum products in the country, as previously reported.
According to the report, as of Monday, May 16, 2022, the amount of diesel available could 'feed' the country for up to four weeks, while the amount of petrol in the country's reserve could last for approximately six weeks.
Mr Mohammed Abdul-Kudus, NPA's Head of Communications, told the Ghana News Agency that there was no need to panic.
He stated that the Authority had put adequate measures in place to ensure a constant supply of fuel to meet consumer demand.
"We won't run out of diesel in Ghana between now and the next four weeks," he assured.
Mr Abdul-Kudus stated that importers were permitted to import fuel into the country on a quarterly basis, with the last quarter scheduled to end in June 2022.
"We stick to the schedule. We don't want a time when there is too much fuel or too little oil in the system. So we've told them (the importers) when they can come and discharge their goods "He stated.
"This quarter concludes in June. We have available vessels ready to supply, including those already in the system, which is sufficient to meet the needs of the people of Ghana "Mr. Abdul-Kudus continued.
Motorists expressed concern last week that the country would face fuel shortages after reports that some filling stations had run out of the commodity.
Analysts have warned that the ongoing Russia-Ukraine conflict could lead to a shortage of petroleum products as more countries impose economic sanctions on Russia, the world's third-largest oil producer, accounting for about 11% of global crude oil supplies.
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