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Ghana's Strategic Energy Stocks: A Policy Based Review

Author

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  • Leo Andoh Adjei Gyimah
  • Adjei Gyamfi Gyimah

Abstract

This study sought to assess Ghana's strategic stocks policy through the lens of the national energy policy and the realities and dynamics of the energy industry. Employing a theoretical policy appraisal approach and interviews with industry experts, the study established that strategic stock management faces challenges which primarily hinge on inadequate refinery and storage capacity, and inadequate strategic stock of petroleum and refined products. The study recommends nationwide strategic stock policy education, regulations to ensure order with the policy framework, and alternative models such as public-private partnerships (PPPs) to ensure a reliable supply of petroleum products, and to support the maintenance and upgrade of the storage infrastructure.

Suggested Citation

  • Leo Andoh Adjei Gyimah & Adjei Gyamfi Gyimah, 2024. "Ghana's Strategic Energy Stocks: A Policy Based Review," Journal of Social Science Studies, Macrothink Institute, vol. 11(2), pages 1-55, December.
    • Handle: RePEc:mth:jsss88:v:11:y:2024:i:2:p:55
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    File URL: https://www.macrothink.org/journal/index.php/jsss/article/download/22397/17250
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    File URL: https://www.macrothink.org/journal/index.php/jsss/article/view/22397
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    References listed on IDEAS

    as
    1. Acheampong, Theophilus & Ackah, Ishmael, 2015. "Petroleum Product Pricing, Deregulation and Subsidies in Ghana: Perspectives on Energy Security," MPRA Paper 66116, University Library of Munich, Germany.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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