Ghana’s petroleum downstream regulator, the National Petroleum Authority (NPA), has urged the public to disregard media commentary suggesting an imminent shortage of Liquefied Petroleum Gas (LPG) and has assured 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 LPG stock covering over one month of consumption, with production by 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.
Earlier this week, the Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) raised serious concerns over what they described as the unlawful diversion of funds from the LPG Fund to the Ghana Cylinder Manufacturing Company (GCMC), a state-owned entity.
According to the two industry bodies, the action constitutes a “flagrant breach of statutory mandate, a dangerous sabotage of national energy policy, and an unacceptable betrayal of public trust.”
The LPG Fund was established under Legislative Instruments (LI) 2262 (as amended) and LI 2481 and was implemented by the National Petroleum Authority (NPA) on April 1, 2024.
The Fund has three explicit and legally binding objectives, including the imposition of a $44 per metric tonne (MT) Bottling Plant Margin and a $36 per MT Cylinder Investment Margin.
These levies are intended to finance the construction and operation of LPG bottling plants nationwide and to support the rollout of the Cylinder Recirculation Model (CRM), aimed at ensuring safe and efficient LPG distribution.
In a joint statement, CBOD and COMAC stressed that the LPG Fund was never intended to serve as discretionary capital for ad hoc allocations.
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