NPA approves 2-month removal of Price Stabilisation, Recovery levy to reduce fuel prices

October 12, 2021 The National Petroleum Authority (NPA), has approved the removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG for two months. This was announced in a...

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October 12, 2021 / Comments (0)

NPA reduces fuel prices by 8 pesewas per litre

May 6, 2021 The National Petroleum Authority (NPA) has reduced the margin on the price of fuel by 8 pesewas per litre. Following the implementation of the newly-reviewed taxes on fuel, the margin on...

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May 6, 2021 / Comments (0)

Jet fuel demand to rise as airport opens

September 8, 2020 Consumption of jet fuel is set to rise again, after experiencing significant falls due to the COVID-19 pandemic, on the back of the reopening of Kotoka International Airport (KIA), the...

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September 8, 2020 / Comments (0)

OMCs to increase petroleum prices by 14%, Bost margin and ex-refinery price major factors

June 4, 2020 The Association of Oil Marketing Companies (OMC) has said that by end of this week its members will increase petroleum prices by a minimum of 14 percent. Kwaku Agyemang Duah, the...

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June 4, 2020 / Comments (0)

BOST margin increase Petroleum products to increase less than 0.5 percent – NPA … meant to protect strategic national assets

June 3, 2020 The National Petroleum Authority (NPA) has said that per its calculations, the directive to Oil Marketing Companies to increase the Bulk Oil Storage and Transport (BOST) margin on petroleum...

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June 3, 2020 / Comments (0)

COPEC pushes for reduction in LPG price from Ghana Gas amid complaints by OMCs

May 21, 2020 The Chamber of Petroleum Consumers, COPEC, is calling on the Ministry of Energy to address some issues with Liquefied Petroleum Gas, LPG, supplied by the Ghana National Gas Company, which...

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May 21, 2020 / Comments (0)

Dr Bawumia inaugurates command centre, tracking system to improve distribution of petroleum products

January 15, 2020 The Vice-President, Dr Mahamudu Bawumia, has inaugurated a command centre and an electronic sealing and cargo tracking system for the National Petroleum Authority (NPA). The system has been...

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January 15, 2020 / Comments (0)

Government spends GH¢373.9m on premix fuel subsidy

December 4, 2019 The government, between 2017 and May 2019, spent GH¢373.9 million as premix fuel subsidy to cushion fishermen across the country, the Minister of Energy, Mr John-Peter Amewu, has...

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December 4, 2019 / Comments (0)

Cabinet approves local content policy – For downstream petroleum industry

March 18, 2019 The Cabinet last Thursday approved a policy on a local content and participation in the country’s downstream petroleum industry, the Minister of Information, Mr. Kojo Oppong Nkrumah, has...

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March 18, 2019 / Comments (0)