Middle East tensions: NPA assures Ghana of enough fuel stock to last over 5 weeks

The National Petroleum Authority (NPA) has moved to calm fears among Ghanaians, assuring the public that the country has enough fuel stock to last several weeks despite the escalating Middle East crisis following recent Iran attacks and regional tensions.

Speaking on JoyNews on Sunday, March 1, the Director of Economic Regulation and Planning at the NPA, Abass Ibrahim Tasunti, revealed that current fuel reserves remain strong. “As of last Friday, we have diesel stocks to last us over five weeks. Roughly, it will last us up to 5.3 weeks. And then for petrol, we have almost 6.8 weeks to last,” Mr Tasunti said.

He emphasized that these stock levels are not a reaction to the ongoing crisis but form part of the Authority’s routine mandate to guarantee uninterrupted fuel supply.

“Even without this war, we always ensure that we have a plan to make petroleum products available for consumers in the country. So this is not something that is being done because of the war, but it’s something we do on the regular. It’s one of NPA’s major mandates,” he stated.

According to him, the Authority oversees daily discharge of imported petroleum products while domestic production also supplements supply.

He noted that the Sentuo oil refinery has been consistently producing since June 2025, supplying petroleum products to the market. In addition, the Atuabo Gas Processing Plant continues to produce and distribute liquefied petroleum gas (LPG).

Mr Tasunti further disclosed that several vessels are currently waiting to discharge at the Tema anchorage, including two cargoes of diesel and two cargoes of petrol, with additional imports already scheduled.

While assuring the public of supply stability, the NPA acknowledged that Ghana, as a net importer of petroleum products, will inevitably feel the impact of global oil market disruptions.

The Middle East conflict has caused immediate, sharp spikes in global oil prices, with Brent crude jumping around 8% to roughly $79 a barrel and U.S. crude rising up to 11% following attacks involving Iran in early March 2026. Risks of further increases to over $100 a barrel exist due to potential disruptions in the Strait of Hormuz, a critical energy chokepoint.

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