24hr Economy: NPA Reforms Eyes Automated Fuel Dispensers, Round-the-Clock Bulk Storage Facilities and Depot Operations
National Petroleum Authority (NPA) is exploring reforms in the downstream petroleum sector as part of a broader strategy to implement the 24-hour economy, a key policy initiative of President John Dramani Mahama’s administration aimed at driving economic growth and employment.
Speaking at the Downstream Dialogue 2025, organised by the Chamber of Oil Marketing Companies (COMAC) in Accra, NPA Chief Executive Godwin Kudzo Tameklo, said the initial phase of the plan could include the deployment of automated fuel dispensers at selected retail outlets, as well as measures to ensure round-the-clock operations at bulk storage facilities and depots.
“The NPA remains committed to enhancing affordability, quality, and reliability in the supply of petroleum products,” Mr Tameklo said. “This aligns with President Mahama’s vision to reset and transform the sector while rolling out 24-hour economy solutions.”
The two-day forum, themed “Ghana’s Downstream Oil and Gas Sector: Challenges and Opportunities,” convenes industry stakeholders to discuss key policy issues, including local content participation, regulatory reforms, and strategies for navigating the global energy transition.
Mr Tameklo emphasised the importance of industry collaboration, calling for engagement with government agencies and international partners to strengthen regulatory oversight and operational efficiency.
“Excellence, transparency, and innovation must remain central to our efforts. By addressing structural inefficiencies and embracing technological advancements, we can ensure that Ghana’s downstream petroleum sector remains competitive and contributes meaningfully to national economic development,” he said.
Since its establishment two decades ago, the NPA has introduced regulatory frameworks for pricing, supply, and quality control, laying the groundwork for a more structured industry. However, Mr Tameklo acknowledged that some policies had led to unintended consequences, including illegal imports, credit risks, and distribution inefficiencies.
Moreover, he noted that the global push for climate action presents a dual challenge—balancing Ghana’s energy security with the need for a transition towards cleaner energy sources.
“The risk of stranded fossil fuel assets is real. We must take proactive steps to ensure the industry remains resilient while adapting to global energy transition trends,” Mr Tameklo said.
