The Chamber of Oil Marketing Companies (COMAC) has shot down reports suggesting an imminent fuel shortage in Ghana.
It assures the public that there is no cause for alarm. In a statement, COMAC clarified that any risk of fuel shortage has been effectively mitigated.
The statement addressed media reports that misrepresented comments by the Chief Executive Officer of COMAC, Dr. Riverson Oppong over a looming fuel crisis.
COMAC explained that Dr. Oppong’s remarks were meant to update stakeholders on a temporary reduction in petrol stock due to operational factors including the suspension of refining activities at the Sentuo Oil Refinery.
“We assure the public that this is no looming fuel shortage, as adequate supplies are currently available at the ports, with additional volumes expected to further cushion the market”, the statement mentioned.
According to COMAC, the current stock of petrol is sufficient to cover approximately three weeks of national demand.
Additionally, ongoing import plans show that vessels are actively discharging fuel, with more waiting at anchorage to offload.
This proactive import strategy has helped stabilise supply and eliminate any immediate risks of shortages.
