Fuel prices are likely to hit GH¢7.0 per litre or more by the end of 2021, the Institute for Energy Security (IES) has projected. Global demand for fuel is expected to increase in the winter and that could trigger a hike in prices globally in the wake of limited supply, Mr Fritz Moses, a Research […]
Fuel prices to hit GH¢7 per litre by end of 2021 – IES Read More »
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid says the Authority has identified that a lot of illicit fuel trade activities were happening at the Aflao border. He stated that the NPA had not licensed any importer to bring fuel through the Aflao border and urged the border officers to stop
Fuel Smuggling Denies Government Revenue – NPA Boss Read More »
Members of the Ghana Chamber of Bulk Oil Distributors (CBOD) have undertaken a tour of the newly built Takoradi jetty, which was constructed by Ibistek Limited, a Ghanaian-owned engineering consultancy firm. The project is part of an expansion programme led by Marshall Oil and Gas, a subsidiary of Ibistek Limited, in collaboration with the Ghana
CBOD members visit new Takoradi oil jetty Read More »
The Municipal Chief Executive (MCE) for Jomoro, Madam Louisa Iris Arde, has tasked the Board of Governors of the Petroleum Development Hub Corporation (PDHC) to be proactive in their activities. She said the Petroleum Hub was a crucial component of the nation’s industrialization drive, with the potential to generate jobs for the teeming youth in
Jomoro MCE tasks Petroleum Hub Development Board to be proactive Read More »
Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has lamented the country’s high cost of fuel prices. According to him, the government must manage the foreign exchange rate to mitigate the high cost of fuel prices. “One of the most potent and immediate things that government can do is
Manage foreign exchange rate to prevent increase in fuel prices – Senyo Hosi Read More »
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has indicated that petroleum service providers that indulge in fuel adulteration deprive consumers of value for money at the retail outlets and also cause damage to engines of vehicles and machinery. According to him, fuel adulteration increases the emission of harmful compounds such
The Chief Executive Officer of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid has engaged stakeholders in the Eastern Region to familiarize themselves with the operation of the organization. The visit was to among others know the people and “understand their sentiments to be able to craft and execute a vision that resonates with the
NPA Boss Engages Stakeholders in Koforidua Read More »
The National Petroleum Authority (NPA) has announced that some fuel pricing reliefs granted by government to cushion Ghanaians over the next two months as a result of the escalating prices of oil on the international market takes off on November 1. It said the Ministry of Finance, by a letter dated 21st October, this year,
Price Stabilisation Levies on fuel starts on November 1 Read More »
The Ghana Chamber of Bulk Oil Distributed (CBOD) is calling on government to urgently rehabilitate and properly maintain the road network in and around the petroleum storage management industrial area in Tema. The main road to the area is a 7.2 kilometre single carriageway, which is meant to facilitate service delivery by industry giants like
The Africa Centre for Energy Policy (ACEP) Wednesday said the prices of a litre of petroleum products have increased by about 33 per cent this year. The Centre said these increments introduced significant cost burden on the productive sector and the average Ghanaian. Mr Benjamin Boakye, the Executive Director of ACEP, said addressing that would
Fuel increments introduce significant cost burden on the average Ghanaian – ACEP Read More »
