Following reports of petrol and gasoline shortages at several filling stations, the National Petroleum Authority (NPA) has allayed worries of an impending fuel shortfall.
Although several oil marketing businesses reported shortages at some of their outlets, the Authority stated that there was no scarcity of petroleum products in the country, contrary to popular belief.
According to the report, the amount of diesel available as of Monday, May 16, 2022, could 'feed' the country for up to four weeks, while the amount of petrol in the country's reserve might endure for roughly six weeks.
Mr Mohammed Abdul-Kudus, NPA's Head of Communications, stated that there was no reason to fear.
He said that the Authority had taken necessary precautions to assure a steady supply of gasoline to fulfill demand. He said that the Authority has taken enough steps to assure a steady supply of gasoline to fulfill customer demand.
"We won't run out of diesel in Ghana between now and the next four weeks," he promised.
Importers were authorized to bring petroleum into the nation on a quarterly basis, according to the NPA's timetable, Mr Abdul-Kudus said, adding that the last quarter's program will finish in June 2022.
"We stick to a routine. We don't want to be in a situation where the system has too much or too little oil. As a result, we've given them (the importers) the time to come and discharge," he explained.
"This quarter comes to a close in June." Mr AbdulKudus said, "We have available boats ready to provide, including what is currently in the system, which is sufficient to satisfy the people of Ghana."
Following reports that several filling stations had run out of the commodity, motorists voiced concern that the country was experiencing gasoline shortages last week.
Analysts have warned that the current Russia-Ukraine conflict might lead to a shortage of petroleum products as more nations impose economic sanctions on Russia, the world's third-largest oil producer, which accounts for approximately 11% of global crude oil supply.