Deputy Ranking Member of Parliament’s Energy Committee, Collins Adomako-Mensah, has announced that the committee is set to hold an emergency meeting with key players in Ghana’s energy sector to assess the potential impact of the Middle East conflict on fuel prices.
Speaking to JoyNews, Mr. Adomako-Mensah said the meeting is expected to take place early this week amid rising tensions involving the US, Israel, and Iran.
“My chairman informed me that we are likely to convene an emergency session with the major stakeholders,” he said. “We plan to meet officials from the industry, the EPA, and the Ministry of Energy, probably by Tuesday or Wednesday.”
The committee intends to hear from technical experts on how the ongoing conflict could affect Ghana’s fuel supply and pricing.
“They are the technical people who can explain the potential implications, although we already anticipate some price increases,” he noted.
Mr. Adomako-Mensah said the situation has renewed discussions on Ghana’s domestic refining capacity, especially the operations of the Tema Oil Refinery (TOR), which recently resumed limited activity.
“I’m encouraged that TOR is operational again, even though it’s not at full capacity,” he said. “We need serious policy discussions with our local producers. Ghana produces oil—so what steps can we take in situations like this?”
He called for urgent consultations with domestic oil producers to explore expanding local refining to secure a steady supply.
“Can we quickly refine some of our crude oil here in Ghana to ensure supply stability?” he asked.
The MP explained that the meeting will include officials from the Ministry of Energy and other regulatory bodies to brief the committee on the potential economic and energy consequences of the Middle East crisis.
“These are policy decisions that the ministry must take,” he stressed. “We are likely to meet with Ministry of Energy officials on Wednesday for a detailed briefing.”
Ghana, which depends heavily on imported refined petroleum products, could see rising fuel costs, transportation fares, and general living expenses if global prices spike.
Mr. Adomako-Mensah said the committee’s intervention aims to help policymakers plan ahead and shield consumers from the worst impacts of potential price shocks.