The National Petroleum Authority (NPA) has moved swiftly to douse fears of a looming energy crisis, categorically denying claims of an imminent Liquefied Petroleum Gas (LPG) shortage.
In a press release issued on Friday, 20th February 2026, the Authority urged Ghanaians to ignore “alarmist” media commentary and desist from the panic-buying of gas.
The regulator’s intervention follows a viral advisory from Dr Riverson Oppong, Chief Executive of the Chamber of Oil Marketing Companies (COMAC), who reportedly urged consumers to fill their cylinders in anticipation of a supply breakdown.
Countering the narrative of scarcity, the NPA revealed that the nation’s gas reserves are currently robust. Not only is local production at a peak, but a significant international consignment is also expected to dock within the fortnight to further bolster the national grid.
“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.
To ensure the market remains saturated, the NPA confirmed that a scheduled delivery is already on the horizon.
“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 continued.
While the public is concerned about supply, a deeper legal and financial war is raging between private oil chambers and the state.
On 18th February 2026, COMAC and the Chamber of Bulk Oil Distributors (CBOD) launched a joint offensive against the government, demanding an immediate freeze on payments from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC).
The chambers allege that state resources are being “unlawfully diverted” to the GCMC, a move they claim violates the statutory mandate of the fund and threatens to scare off private investors in the downstream sector.
The private sector players have warned that if the government does not address the misalignment of the LPG Fund, they are prepared to escalate the matter through legal channels. The chambers argue that the integrity of the infrastructure financing framework is at stake.
As the NPA focuses on keeping the taps flowing and cylinders full, the underlying tension suggests that the stability of the gas market depends as much on fiscal transparency as it does on physical stock levels.
Source:
www.myjoyonline.com
