President John Dramani Mahama has assured Ghanaians that there is no risk of fuel queues at fueling stations, revealing that the country currently holds about six weeks of petroleum stock in reserve.

Speaking at the Kwahu Business Forum on March 4, 2026, the president said the stock levels are sufficient to cushion the country against any supply disruptions, adding that reserves were being actively replenished even as they are being tapped into.

"We have about six weeks of petroleum stock in our tanks and so there is no danger of us running out of petroleum within the next six weeks. Even as we are using the reserve stocks, we also are replenishing it and so there is no danger that we would have queues at filling stations," he stated.

President Mahama to engage business leaders over dinner at Kwahu Business Forum

The president's assurance comes amid concerns about Ghana's petroleum reserves in light of the ongoing tensions between US, Israel and Iran, which has seen oil prices go up, further leading to an increase in petroleum prices globally, with Ghana being affected.

Mahama said the government is focused on macroeconomic stability and building a more resilient economy capable of absorbing external shocks, including global conflicts.

"Shocks will come. You cannot predict external events but you must create an economy that is able to withstand those shocks," he said.

President John Dramani Maham also noted that Ghana currently holds close to six months of export cover, describing the economy as showing encouraging resilience in the face of global uncertainties.

ID/AE

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