The Chamber of Petroleum Consumers (COPEC) has raised concerns about fuel shortages that have recently affected various regions across the country.
In a press statement released today, the chamber highlighted widespread fuel unavailability, particularly in the capital and other parts of the nation.
These shortages have been observed over the past few days, causing significant inconvenience for consumers.
According to COPEC’s findings, the fuel supply suppression is primarily due to upgrades at key depots such as BOST Apd, BOST Kumasi, and BOST Maami Wata.
Additionally, private oil traders have been withholding products, citing unpaid debts owed to them, further exacerbating the situation.
While some private Bulk Import Distribution Companies (BIDECS) continue to land products, the distribution remains uneven, with some retail pumps experiencing supply while others remain without fuel.
In response to the ongoing crisis, COPEC assured that relief efforts are already in progress.
Private BIDECS are actively discharging cargoes to improve supply, with plans to provide market relief by the weekend.
Additionally, BOST is on track to land two cargoes by the end of November.
COPEC has urged consumers not to panic or engage in panic buying, as efforts to stabilize the fuel supply are underway, and normalcy is expected to return soon.
