All fuel stations in Ghana should prepare for an acute fuel shortage in the coming weeks, that's the prediction of the Institute of Energy Security (IES).
The IES reveals that shortage is due to the temporary shutdown at TOR due the explosion of a furnace.
"The number of BDCs that have products are very few…as we expect now, these figures might drop further within two weeks; if nothing is done about it, we will have constraint when it comes to fuel supply on the market,” Principal Research Analyst at the IES, Richmond Rockson said.
The shortage is expected to see the price of crude shoot up in the next coming months which could also lead to the hike in price of transport fares.
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