Sunday, March 1, 2026

Ignore Shortage Claims, LPG Supply Stable – NPA Assures Public

The National Petroleum Authority (NPA) has assured the public that there is no shortage of Liquefied Petroleum Gas (LPG) in the country, urging consumers to disregard media commentary suggesting an imminent supply crunch.

In a press release dated Friday, February 20, 2026, the Authority said it had taken note of publications referencing comments by the Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, who reportedly advised the public to fill their cylinders in anticipation of a possible gas shortage.

The NPA, however, maintained that there is no basis for panic buying.

“The NPA wishes to assure the general public that there is enough LPG in stock to meet demand. The country currently has an LPG stock of over a month’s cover, with LPG production by the local refineries at its highest level,” the Authority stated.

It further disclosed that, under the national import plan, an additional LPG cargo is expected within the next two weeks to further boost stock levels and ensure market stability.

“Additionally, as per the national import plan, the country is expected to take delivery of an LPG cargo within the next two weeks to further shore up existing stock levels and keep the market well supplied. Consumers are hereby advised to desist from panic buying and rest assured that there is no impending shortage of LPG in Ghana,” the statement added.

Background

The reassurance follows concerns raised by the Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) over the management of the LPG Fund.

In a statement dated February 18, 2026, the two industry bodies demanded an immediate cessation of all disbursements from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC).

They warned that continued allocations could undermine the legal framework governing downstream LPG infrastructure financing.

COMAC and CBOD described the alleged diversion of resources from the LPG Fund to GCMC as unlawful, arguing that it breaches the statutory mandate underpinning the fund and threatens investor confidence in Ghana’s downstream petroleum sector.

The two chambers called for the reversal of any allocations already made to GCMC and urged the government to publicly reaffirm the fund’s original mandate.

They also advocated enhanced transparency measures, including regular public reporting and independent audits of fund utilisation.

COMAC and CBOD indicated they are prepared to pursue policy and legal avenues to safeguard the integrity of the LPG Fund structure, signalling a possible escalation if their concerns are not addressed.

SourceBk
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