The Chamber of Petroleum Consumers (COPEC) has asked the government to introduce measures to stop the increase in fuel prices.
According to the Chamber, fuel prices have shot up from GH¢4.67 to GH¢5.10 per litre within the spate of a month.
The Chamber said although these increases cannot be directly attributed to a deliberate governmental action, authorities have a responsibility to put in place measures to forestall them.
It also called for a âclear, effective, national petroleum price sustainability programmeâ in order to control these increases
Two days into 2020, the Institute of Energy Security (IES),
Fuel prices within the second Pricing-window of December 2019 saw the majority of the Oil Marketing Companies (OMCs) maintaining the prices of Gasoline and Gasoil unchanged.
Devise measures to curb fuel price increment – COPEC to gov t LISTEN
JAN 17, 2021
Chamber of Petroleum Consumers (COPEC) has asked government to introduce measures to stop the increase in fuel prices.
According to the Chamber, fuel prices have shot up from Ghc 4.670 to Ghc 5.10 per litre within the spate of a month.
The Chamber said although these increases cannot be directly attributed to a deliberate governmental action, authorities have a responsibility to put in place measures to forestall them.
It also called for a “clear, effective, national petroleum price sustainability programme” in order to control these increases
Two days into 2020, the Institute of Energy Security (IES), predicted an increase in fuel prices at the pumps.
The Institute of Energy Security (IES) has urged government to ensure that all needed investments are made to ensure the dream of President Akuf-Addo to make electricity accessible for all is achieved at the end of his second term.
IES projects marginal fuel price increase
A fuel attendant at work Listen to article
The Institute of Energy Security (IES) has projected that the prices of fuel on the domestic market is likely to go up marginally in the first pricing window of this month.
The organisation attributed this to the 5.03% increase in the price of International Benchmark – Brent crude, the 8.44% increase in the price of gasoline and the 6.96% increase in gasoil price.
A statement issued lately by IES said finished products price as monitored on Standard and Poor s Global Platts platform showed increases in the price of gasoline and gasoil on the global fuel market within the period.
The Electricity Company of Ghana (ECG) has explained that a problem of automated communication between the meters and servers is the cause of the recent challenges with prepaid meters.