Jinapor Charges Petroleum Agencies to Ensure Adequate Fuel Stocks
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has charged petroleum agencies to maintain adequate strategic fuel stocks.
This directive comes on the back of heightened global oil market volatility amid tensions in the Middle East.
The agencies are also to enhance monitoring of international developments, and ensure stable nationwide distribution, the Minister charged during an engagement with the National Petroleum Authority (NPA), BOSTEnergies, Tema Oil Refinery (TOR), Ghana National Petroleum Corporation (GNPC), Oil Marketing Companies (OMCs), Bulk Import, Distribution and Export Companies (BIDECs) and other industry players.
The Minister, while underscoring the need for proactivity in safeguarding Ghana’s energy supply reliability, emphasised that contingency measures are being reviewed and strengthened to minimise any potential adverse effects on the country arising from the current geopolitical tensions.
He thus directed the National Petroleum Authority, as the downstream sector regulator, to intensify its market surveillance and continue close coordination with industry stakeholders to ensure that anticipated supply disruptions are mitigated swiftly and effectively.
The government also assured the public of its unwavering commitment to protecting the country’s energy supply security.
“All necessary measures are being explored to ensure sustained fuel availability and to mitigate undue hardship on consumers. The Ministry will continue to monitor developments closely and provide timely updates as the situation evolves.”
Story by Hajara Fuseini
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