Sunday, 12 January

Petrol shortage: NPA assures public there's no cause for alarm

Business
Fuel pump

The National Petroleum Authority (NPA) has assured there is no cause for alarm over "pockets of shortage of petrol". 

This was contained in a letter dated Friday, January 10, 2025, signed by the Corporate Affairs Directorate of the NPA.

The NPA assured it had a plan to stop the pockets of petrol shortage from escalating. 

Read the entire letter below:

RESOLUTION OF POCKETS OF PETROL SHORTAGE IN THE NORTHERN PART OF THE COUNTRY

Following reports of pockets of shortage of petrol in the Northern part of the country, the Technical Committee on energy set up by the Chief of Staff, met today, 10th January 2025, to discuss modalities to resolve the issue.

The National Petroleum Authority (NPA) wishes to assure the general public that there is no cause for alarm. 

The logistical challenge identified is being comprehensively resolved using a three-pronged approach as follows: 

1. Oil Marketing Companies (OMCs) are being granted a special dispensation to load petrol from the Bulk Energy Storage and Transportation Company (BOST) depot in Kumasi to serve retail outlets in the five regions in the northern part of the country;

2. Oil Marketing Companies (OMCs) are being granted a special dispensation to load more petrol from depots in Tema to augment what is being loaded from Kumasi to serve retail outlets in the five regions in the northern part of the country; and

3. Arrangements are being made in collaboration with BOST to move nine million litres of petrol in the pipeline between the Buipe and Bolgatanga depots into storage in Bolgatanga to immediately serve retail outlets in the five regions in the northern part of the country.

This three-pronged solution is being implemented concurrently to immediately address the issue. Consequently, we wish to encourage the consuming public to go about their normal business and avoid panic buying. The NPA wishes to reassure Chanaians of adequate fuel stocks in the country and there are vessels lined up to discharge products into the country.

Source: classfmonline.com/Prince Benjamin