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

GRA orders immediate removal of e-levy following Mahama’s approval

The Ghana Revenue Authority (GRA) has mandated that all entities handling Electronic Transfer Levy...

Nancy Isime: Accepting nude roles in film is a personal choice

Nollywood actress and model Nancy Isime has discussed the complexities surrounding actors and actresses...

Police Officer drowns in River Offin during anti-galamsey operation

A police officer lost his life this morning in the River Offin at Assin...

Court overturns decision to release excavators seized in Boin forest case

The Enchi District Court has reversed its previous decision to release two Liugong excavators...

More like this

GRA orders immediate removal of e-levy following Mahama’s approval

The Ghana Revenue Authority (GRA) has mandated that all entities handling Electronic Transfer Levy...

Nancy Isime: Accepting nude roles in film is a personal choice

Nollywood actress and model Nancy Isime has discussed the complexities surrounding actors and actresses...

Police Officer drowns in River Offin during anti-galamsey operation

A police officer lost his life this morning in the River Offin at Assin...

Discover more from The Dot News

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

Continue reading