HomeBusinessNPA guarantees stable fuel supply amid global market jitters

NPA guarantees stable fuel supply amid global market jitters

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The National Petroleum Authority (NPA) has moved to calm public nerves following recent speculation about fuel shortages, Bloomberg-style “market jitters,” and rising global energy costs.

In a press statement released today, March 11, 2026, the Authority declared that Ghana’s petroleum stocks are not only healthy but “firmly under control.”

​The assurance comes as a response to growing public commentary regarding how shifts in the international energy landscape might hit local pumps.

Following a high-level review with the Ministry of Energy and Green Transition, the NPA confirmed that the country’s reserves are well-stocked.

​This assessment covers all essential petroleum products required for both daily commuting and industrial operations, including:
​Petrol (PMS) and Diesel (AGO) for transport and logistics;
​Aviation Turbine Kerosene (ATK) for the airline industry; and
​Liquefied Petroleum Gas (LPG) for domestic and commercial use.

​The Authority emphasized that these quantities are sufficient to meet both current consumption and projected future demand, effectively debunking rumors of an impending “dry spell” at the pumps.

To ensure this stability isn’t just a temporary fix, the government is leaning on a multi-layered coordination strategy.

​The NPA is working closely with International Oil Trading Companies (IOTCs), Bulk Import, Distribution and Export Companies (BIDECs), BOST Energies, and local refineries.

By synchronizing with these stakeholders, the NPA aims to ensure that imports arrive on time and that distribution remains consistent across all sixteen regions.

​”The petroleum supply chain continues to function normally and adequate stocks are available nationwide,” the Authority stated.

​Beyond just “having enough,” the NPA is also sharpening its price monitoring tools. The goal is to create a buffer against global price volatility, protecting Ghanaian consumers from the sudden “sticker shock” often seen when international markets fluctuate.

The Authority reaffirmed its commitment to transparency and consumer protection, promising to keep the public updated as the global situation evolves.

By 1960news.com

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