The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products by some Oil Marketing Companies as “unjustified” and lacking merit. The institute in its projections of how much petroleum products must cost at the pumps said there is no justification in the price increases as … Read more
The National Petroleum Authority (NPA) and the Chamber of Petroleum Consumers Ghana have clashed over reported fuel prices increases. In a statement it issued Monday, October 17, the Chamber of Petroleum Consumers Ghana said that prices had gone up between 8-11 percent effective October 16, 2016. However, the NPA in a sharp rebuttal described the … Read more
The denial by the National Petroleum Authority (NPA) concerning recent reports of fuel price increases smacks of “mischief”, the Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPECGH), Duncan Amoah, has stated. COPECGH had on Monday October 17 announced that fuel prices had gone up between three and 11 per cent in line with … Read more
The National Petroleum Authority (NPA) has urged the general public to ignore media reports indicating there has been an upward review of fuel prices. The NPA, in a statement released on Tuesday October 18, said it had observed with concern media headlines suggesting that the price of fuel had increased by 11% at the pump, … Read more
The National Petroleum Authority (NPA) has denied media reports that fuel prices have increased by 11% in the country describing the publications as “false”. In a statement the NPA said it is “encouraging consumers and the media to check on the price board of retail stations to determine the true prices of fuel on the … Read more
Balancing the needs of petroleum consumers and petroleum service providers is very crucial to the National Petroleum Authority’s operations. Section 2(f) of the NPA Act 2005 (Act 691) mandates the Authority to monitor the standards of performance and quality of service provision rendered by the petroleum service providers (PSPs) to the Consumer. As a regulator … Read more