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.
Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More
The National Chairman of the ruling National Democratic Congress (NDC), Hon. Johnson Asiedu Nketia, has… Read More
The National Chairman of the ruling National Democratic Congress, Hon. Johnson Asiedu Nketiah on Friday,… Read More
In a decisive move, operatives of the National Anti Illegal Mining Operations Secretariat (NAIMOS) embarked… Read More
Nana Oppong Kyekyeku Ababio, the Dormaa Gyasa Krontihene, has raised concern over the persistently high… Read More