Bulk Oil Distributors Deny Imminent Fuel Shortage

The Ghana Chamber of Bulk Oil Distributors (CBOD) has dismissed claims of an imminent fuel shortage, assuring the public of adequate fuel supplies.

According to CBOD CEO Dr. Patrick Ofori, there is sufficient fuel at the port, with an additional 100,000 metric tonnes of petrol expected soon. He emphasized that Bulk Oil Distributors (BDCs) face no financial or capacity issues and urged calm.

Despite these reassurances, the Chamber of Oil Marketing Companies (OMCs) has warned of a potential crisis, attributing it to the suspension of the gold-for-oil program and Sentuo Oil refinery’s operational halt.

OMC CEO Dr. Riverson Oppong criticized the government’s policy approach, citing reduced imports under gold-for-oil and predicting challenges after its peak. Stakeholders call for urgent measures to stabilize supply and avert shortages.

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