Nana Amoasi VII, Executive Director of the Institute for Energy Security (IES) has revealed that Ghana does not have enough liquid fuel.
The IES has appealed to the John Mahama administration to get to work as soon as possible to avert the looming dumsor on the horizon.
According to Nana Amoasi VII, IES being watchers of the energy space knew how fragile the power sector was due to systemic inefficiencies and poor planning.
Speaking in an interview on Eyewitness News on Citi FM, Nana Amoasi VII stated, “It is not something that we were not expecting. Being watchers of the space, we knew very well that we had a very fragile power sector stemming from systemic inefficiencies, including poor planning”.
“Today we are more reliant on natural gas but thank God almost all the plants that we have in Ghana, excluding the hydro ones and the solar, all of them can run on liquid fuel as well. But we knew that we don’t have any backup or any stock of liquid fuel in adequate form, so we knew that at a certain point in time, we could be exposed”, he added.
He further revealed, “Unfortunately, we were expecting that as part of the transition arrangement, some form of procurement or lifting would have been made to ensure that there is no gap left within the space, but our checks indicate that we don’t have enough liquid fuel to give us that reliance and assurance that we won’t have any shock in power supply”.
“So, we will appeal to the men in charge today to get back to work and start work as soon as possible. Either than that, we are largely exposed”, he added.
Meanwhile, the Member of Parliament for Yapei-Kusawgu, John Abdulai Jinapor, has raised significant concerns about Ghana’s current fuel reserves, warning of a potential energy crisis.
He revealed that the country has only five hours’ worth of fuel stock remaining, which is insufficient for power generation.
Jinapor further criticized the outgoing administration for failing to procure necessary fuel supplies, despite John Mahama’s transition team’s repeated warnings.