In a statement released on Thursday, the Ghana Chamber of Bulk Oil Distributors (CBOD) announced that major fuel importers have chosen to serve Ghana’s domestic market before pursuing export opportunities to neighbouring countries. Chief Executive Officer Dr Patrick Kwaku Ofori told Joy News’ PM Express Business Edition that the industry’s top players have maintained local deliveries and competed fairly amid the current crisis.
“Almost all the big guys who were leading on the various news that were published consistently have served, and they have competed fairly and served the Ghanaian public before even thinking about exports into our neighbouring countries,” Ofori said. He added that the Chamber’s members have been transparent with regulators and have avoided price hikes that could jeopardise future imports.
Ofori assured consumers and oil marketing companies that fuel supplies would remain available and that cargo arrangements would support deliveries through December, preventing the queues experienced elsewhere. He credited the continued availability of products to ethical business practices among CBOD members and to the awareness of consumers and marketing companies.
The Chamber also monitors its members to protect consumers from exploitation, saying it self‑regulates to ensure nobody takes advantage of the public. Ofori highlighted that once products are in the country and priced, suppliers can sell them to recover their costs, which in turn allows them to pay trading partners and banks financing their imports.
By placing domestic supply at the centre of its response, CBOD’s members are meeting Ghanaian demand before considering neighbouring markets, the Chamber confirmed.
