spot_img

OMCs Warn of Potential Fuel Shortages

Published on

spot_img

The Chamber of Oil Marketing Companies (OMCs) has warned that Ghana could face a fuel shortage in the coming days due to disruptions in supply chains.

The warning comes after the suspension of the gold-for-oil programme and the cessation of refining activities by Sentuo Oil, which have contributed to a reduction in fuel availability.

Dr. Riverson Oppong, CEO of the OMCs, called for urgent government intervention, stating that the decline in supply was predictable after the gold-for-oil scheme reached its peak and the Sentuo Oil refinery halted operations. He further explained that Bulk Distribution Companies (BDCs) have stopped importing fuel, exacerbating the situation and leaving the market vulnerable to shortages, particularly in petroleum products like PMS.

Source:TheDotNews

Latest articles

UGMC and CardioStart Conduct Life-Saving Heart Surgeries in Five-Day Medical Mission

The University of Ghana Medical Centre (UGMC), in collaboration with the international medical charity...

OSP Warns Prof. Gyampo Against Undermining Anti-Corruption Efforts with Baseless Allegations

Office of the Special Prosecutor (OSP) issued a sharp rebuttal Sunday to criticism...

Mahama Names Kalsoume Sinare, Kojo Bonsu Among First Batch of Ambassadorial Picks

President John Dramani Mahama has nominated 15 individuals for diplomatic postings, tapping a mix...

Cabinet approves Mahama Cares Bill

The Cabinet has approved the Ghana Medical Trust (Mahama Cares) Fund Bill for onward...

More like this

UGMC and CardioStart Conduct Life-Saving Heart Surgeries in Five-Day Medical Mission

The University of Ghana Medical Centre (UGMC), in collaboration with the international medical charity...

OSP Warns Prof. Gyampo Against Undermining Anti-Corruption Efforts with Baseless Allegations

Office of the Special Prosecutor (OSP) issued a sharp rebuttal Sunday to criticism...

Mahama Names Kalsoume Sinare, Kojo Bonsu Among First Batch of Ambassadorial Picks

President John Dramani Mahama has nominated 15 individuals for diplomatic postings, tapping a mix...

Discover more from The Dot News

Subscribe now to keep reading and get access to the full archive.

Continue reading