The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has held a high-level meeting with key players in Ghana’s petroleum sector to assess the potential impact of the ongoing Middle East crisis on the country’s fuel security.
The engagement brought together representatives from the National Petroleum Authority (NPA), BOST Energies, the Ghana National Petroleum Corporation (GNPC), Oil Marketing Companies (OMCs), and Bulk Import, Distribution and Export Companies (BIDECs), among other industry stakeholders.
Discussions focused on heightened volatility in the global oil market, possible supply chain disruptions, fluctuations in freight costs, and the potential effects on domestic fuel pricing and consumer welfare.
Dr. Jinapor emphasized the need for proactive measures to safeguard Ghana’s energy supply reliability. He noted that contingency plans are being reviewed and strengthened to minimize any adverse effects arising from current geopolitical tensions.
The Minister directed the National Petroleum Authority, as the downstream sector regulator, to intensify market surveillance and enhance coordination with industry players to swiftly mitigate any anticipated supply disruptions.
He further tasked sector agencies to maintain adequate strategic fuel reserves, closely monitor international developments, and ensure stable fuel distribution nationwide.
The government has assured the public of its commitment to protecting Ghana’s energy security. According to the Ministry, all necessary measures are being explored to guarantee sustained fuel availability and cushion consumers against undue hardship.
The Ministry said it will continue to monitor developments and provide timely updates as the situation evolves.
The statement was signed by Richmond Rockson, Esq., Spokesperson and Head of Communication at the Ministry of Energy and Green Transition.
Source: www.kumasimail.com
