The National Petroleum Authority (NPA) has presented its operational overview and plans for 2025 to the Energy Committee of Parliament, highlighting ongoing regulatory efforts and seeking stronger enforcement measures to curb malpractices in the downstream petroleum sector.
Chairman of the Committee and Member of Parliament for Ho West emphasized that the session forms part of the Committee’s oversight responsibilities under the Ministry of Energy and Green Transition. “This briefing will enable the Committee to appreciate the NPA’s mandate, challenges, and the possible interventions needed,” he said.
Chief Executive Officer of the NPA, Edudzi Tameklo, walked the Committee through six key legislative instruments currently underpinning the Authority’s regulatory framework. These include systems to enhance local content and tracking mechanisms to ensure transparency and accountability.
Tameklo also named Bulk Oil Distributors and the Chamber of Oil Distributors as key stakeholders in the sector. He warned of risks posed by unscrupulous actors in the industry and called for more stringent punitive measures. “We are doing our best to nip it in the bud,” he told the Committee, appealing for an increase in penalty units. “The current regime is not serving its purpose as intended,” he added.
The Committee intends to follow up the engagement with a working visit to the NPA offices to gain firsthand insight into how the Authority executes its regulatory mandate through the use of ICT infrastructure.