• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

IES predicts looming shortage of diesel at pumps

3 years ago
in Economy, Energy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
80
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IES predicts looming shortage of diesel at pumps

The Institute of Energy Security (IES) has predicted that there is a looming shortage of diesel in Ghana.

Some oil marketing companies (OMCs) are feeling the heat as checks at the various pumps indicate that there is no diesel at these fuel stations.

The IES has attributed the shortage to the Russia-Ukraine war which seems not to be ending anytime soon.

Research Analyst at the Institute, Fritz Moses, who revealed this, explained that, “We have been monitoring the market since the beginning of the year but we don’t have a wide spread report on the shortage in Ghana.”

“There is some shortage on the international market due to the Ukraine-Russia war which is also impacting on the local market. Yes, in the international market, we are seeing some drop in supply of diesel and that will cause a shortage on the local market”.

Mr. Moses warned that if nothing is done locally as well as internationally, the price of diesel will soar.

RelatedPosts

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

Read: Africa: Top five most produced cash crops on the Continent

“And for some weeks now, the price of diesel has gone up. We hope it will be solved as soon as possible because at the moment, the price of diesel is now higher than petrol,” he added.

Further stating that, “drivers should embrace themselves for further increment because of what is happening on the international market”.

This development has made some OMCs to adjust the prices of diesel with Total taking the lead. 

Total is selling a litre of diesel at GHS 11.30p up by a little over 8%, it has however maintained the price of petrol at GHS 9.35p.

GOIL earlier this week, also increased the price of diesel to GHS 10.90p per liter, but decided not to increase that of petrol.

Tags: ghanaIES predicts looming shortage of diesel at pumpsInstitute of Energy Security (IES)Oil Marketing Companies (OMCs)Russia-Ukraine war
No Result
View All Result

Highlights

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

GFA Set To Release 2025/26 Premier League Fixtures On Monday August 4

Leclerc Claims Stunning Pole Position as McLaren Struggles in Changing Winds

Nigeria Losing Battle Against Hunger as Food Inflation Persists

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

Trending

Business

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here's Why American companies have cut investments in...

AI. Circuit board. Technology background, Central Computer Processors CPU concept..

How AI is Rewriting and Enhancing Water Risk Management

August 3, 2025

SheFarms Broiler Edition Kicks Off in Greater Accra

August 3, 2025

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

August 3, 2025

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.