The National Petroleum Authority CEO says international diesel prices have almost doubled since February, but Ghanaian consumers have been insulated from the full impact due to cedi stability and government intervention. The NPA raised the minimum price floor for diesel to GH¢16.77 per litre from September 16, though some oil marketing companies have priced it higher.
18 September 2026 · Joy Online →
The National Petroleum Authority CEO identified international Free on Board price, taxes, and exchange rate as the three major factors determining petroleum product availability and pricing in Ghana. He noted the downstream sector faces external pressures and recalled past fuel shortages around 2014–2015 were internally generated.
18 September 2026 · Joy Online →
The CEO of Ghana's National Petroleum Authority says the 2014–15 fuel shortages were not due to lack of products but to artificial scarcity at pumps, a lesson now shaping government strategy to protect the downstream petroleum sector amid rising international crude prices.
18 September 2026 · Joy Online →
The National Petroleum Authority CEO has described petroleum supply as a critical national security issue, noting that petroleum products are at the core of Ghana's economy and lack viable alternatives for consumers when unavailable.
18 September 2026 · Joy Online →
The National Petroleum Authority reports Ghana has at least 6 weeks of fuel cover and additional buffers from petroleum-laden vessels to prevent private fuel companies from controlling supplies, though it is concerned about rising international prices affecting domestic fuel costs.
18 September 2026 · Joy Online →
The CEO of Ghana's National Petroleum Authority says the country has at least six weeks of petroleum product stock and multiple fuel vessels on the high seas, dismissing supply shortage concerns. His primary concern is fuel price rather than availability, amid renewed market pressures that have raised the minimum price floor for petrol to GH¢16 per litre and diesel to GH¢16.77 as of September 16.
18 September 2026 · Joy Online →
The National Petroleum Authority CEO Godwin Edudzi Tamakloe explained that Ghana's downstream petroleum industry was deliberately designed around private-sector participation, with government not directly controlling most fuel stocks. He said Ghana currently has not less than 6 weeks of fuel cover and that rising prices, not supply availability, are his immediate concern.
18 September 2026 · Joy Online →