The National Petroleum Authority (NPA) has begun processes to review the law governing its operations, nearly 20 years after its enactment, to align with changes in Ghana’s downstream petroleum sector
Chief Executive Officer of the NPA, Godwin Kudzo Tameklo, disclosed that the existing legislation, passed in 2005, requires amendments to address emerging industry trends and operational challenges.
He made this known during a visit by members of Parliament’s Energy Committee, where he also revealed that a bill to amend the law will soon be submitted to Parliament of Ghana. In addition, a Legislative Instrument is being prepared to review fees and charges within the sector.
Mr. Tameklo emphasized the critical oversight role of Parliament, noting that its committees wield significant constitutional authority, including powers comparable to the High Court such as subpoena and contempt enforcement.
He described the relationship between the NPA and the Energy Committee as one rooted in collaboration rather than mere oversight, stressing that the Authority regularly engages Parliament for approvals, including its budget.
Highlighting the sector’s importance, the NPA CEO stated that Ghana’s downstream petroleum industry contributes about 8.7 percent to the country’s Gross Domestic Product, while playing an even broader role in everyday life.
From household cooking gas to telecommunications infrastructure and aviation fuel, he said, the downstream sector underpins key aspects of economic activity and daily living.
Mr. Tameklo also referenced recent global tensions, including conflicts in the Middle East, noting their impact on fuel pricing and public sentiment, further underscoring the sector’s sensitivity and strategic importance.
He explained that because the NPA’s mandate is defined by law, its operational scope is limited to what Parliament has prescribed, making periodic legislative review essential.
“Twenty years after the enactment of the NPA Act, it has become necessary for us to catch up with industry growth and evolving developments,” he said.
The proposed review is expected to modernize the regulatory framework and position the Authority to better drive economic transformation and growth in Ghana’s petroleum downstream sector.
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Source: www.kumasimail.com
