Leadership of Ghana’s energy sector is projecting the ongoing tensions between Israel and Iran not to last beyond, at most, seven weeks, pending the consequences for the global economy.
Chief Executive Officer of the National Petroleum Authority, Godwin Edudzi Tameklo, has said if the war in the Middle East continues beyond two months, the ripple effect on fuel supply and pricing will impact the global economy, affecting Ghana.
Speaking on the BigIssue segment of TV3’s NewDay morning show on Wednesday, March 4, 2026, Mr. Tameklo said uncertainty looms if the war persists, which is why they anticipate the tension to cease in the shortest possible time.
“What we’re all hoping, and doing our projections on, is that the conflict shouldn’t extend beyond maybe six, seven weeks. That’s when you’ll begin to see the other cascading impacts,” he stated.
He had earlier indicated that heads of various energy units in the country met at a meeting convened by the Sector Minister to discuss how they can possibly mitigate energy challenges the war may bring. According to him, the team discussed the product’s availability amid the ongoing turmoil in the region, as well as its pricing.
“My proactive sector Minister, Dr. John Abdulai Jinapor, immediately summoned a meeting, which all the energy sector heads were all invited –myself, TOR, GNPC, BOST and all the technical heads to discuss ways by which we can possibly mitigate the impact of what is happening in the Gulf Region, particularly on Ghanaian consumption,”
He, however, stated that if things don’t change in the shortest possible time, the changes that may come will be normalised, citing the Russia-Ukraine war which is ongoing but the impact isn’t being felt globally like it used to be.
“What’s also not in doubt is that if the conflict persists for a longer time, it creates its own new normal. As we’re speaking the Russia-Ukraine war hasn’t ended but eventually things normalise in its own way,” Edudzi indicated.
He added that traders’ price uncertainty is fuelling fears from the onset. “The problem is that traders are uncertain about how prices will go.”
Middle East crisis: Ghana’s fuel stocks can last ‘few weeks’ – NPA boss
