The Chamber of Petroleum Consumers (COPEC) has called on government to place greater focus on local refineries as a more sustainable way of managing fuel prices in Ghana.
Speaking on Adom FM’s Dwaso Nsem, COPEC Executive Secretary Duncan Amoah said while the supply of crude oil to local refineries is a positive step, more deliberate effort is needed to ensure the arrangement actually benefits consumers.
According to him, government must work closely with the refineries to ensure that the crude supplied translates into more affordable products on the market.
“I would encourage local refineries,” Amoah said.
He added that the focus should not only be on supplying crude but also on supervising the process so that the benefit of local refining is felt by Ghanaians.
He noted that local refineries should be supported to operate profitably while keeping prices at reasonable levels for consumers.
Mr. Amoah stressed that Ghana can no longer continue to depend heavily on foreign sources for refined petroleum products.
“We cannot depend on the West any further,” he said, pointing to growing geopolitical risks that could disrupt global fuel supplies.
He called for a clear strategy that combines crude supply with proper oversight so that local refining delivers both energy security and price stability.
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