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No LPG shortage, stocks sufficient for demand – NPA assures public

 


The National Petroleum Authority (NPA) has urged the public to disregard media commentary suggesting an imminent shortage of  Liquefied Petroleum Gas (LPG), assuring consumers that there is adequate stock to meet demand.

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, 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.

“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,” part of the statement read.

Background

The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD), in a statement dated February 18, 2026, 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.

The two industry bodies condemned what they described as an unlawful diversion of resources from the LPG Fund to GCMC, arguing that such action breaches the statutory mandate underpinning the fund and threatens investor confidence in Ghana’s downstream petroleum sector.

COMAC and CBOD called for the reversal of any allocations already made to GCMC from the LPG Fund and urged the government to publicly reaffirm the fund’s original mandate.

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

The two chambers indicated they are prepared to pursue policy and legal avenues to safeguard the integrity of the LPG Fund structure, signalling a potential escalation if their concerns are not addressed.

 
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