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Tag Archives: COPEC

Fuel Prices To Go Up By 2.17% From July 1

The Chamber for Petroleum Consumers (COPEC) has predicted a rise in fuel prices for the first pricing window of July 2024. This increase is expected to affect the retail prices of petrol, diesel, and liquefied petroleum gas (LPG) at pumps across the country. COPEC attributes the anticipated price hike to …

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COPEC Warns Of Looming Fuel Shortage

The Chamber of Petroleum Consumers (COPEC) is predicting an imminent fuel shortage should the grievances of the striking Ghana National Petroleum Tanker Drivers Union remain unresolved. COPEC emphasises that urgent resolution of the drivers’ concerns is imperative to avert potentially severe repercussions. The Ghana National Petroleum Tanker Drivers Union commenced …

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Transport Ministry Has No Power To Determine Fares – COPEC

The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding …

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COPEC, IES Want Sentuo Oil Refinery Shut Down

The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations. COPEC and IES, in a statement on February 21, 2024, raised concerns about the refinery operating without the …

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Fuel Prices To Drop At Pumps Effective January 17 – COPEC

Fuel consumers can expect some relief at the pumps as diesel and Liquefied Petroleum Gas (LPG) prices are set to decrease, marking the second consecutive drop in January. This announcement comes from the Chamber of Petroleum Consumers (COPEC) and takes effect on Wednesday, January 17, 2024. While the exact price …

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Petrol To Sell At GHS12.97, Diesel GHS13.43 Per litre Within 48hrs – COPEC Predicts

The Chamber of Petroleum Consumers (COPEC) is predicting that fuel prices may go up by 5.7% within the second pricing window of August 2023 which begins in the next 48 hours. The product is currently being sold at the pumps at an average price of GH¢12.45 per liter. COPEC says …

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Fuel Prices To Remain Stable – COPEC Predicts

The Chamber of Petroleum Consumers Ghana (COPEC) has predicted stability in fuel prices in the first pricing window in the month of May.   According to COPEC, this is due to the decrease in international benchmark pricing of petroleum products on the international market.   Speaking to Citi News, Executive …

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Withdraw Price Stabilisation And Recovery Levy Again – COPEC Tells Gov’t

The Chamber of Petroleum Consumers (COPEC) Ghana is urging the government to withdraw the Price Stabilization and Energy Recovery levy again. It has threatened to picket and demonstrate at the premises of the Ministry of Finance to insist on the withdrawal if the government does not take action within a …

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Prices Of Petrol, Diesel To Go Up By 3.7% And 2.5% Respectively – COPEC

The Chamber of Petroleum Consumers (COPEC) has predicted that prices of petrol and diesel are expected to surge by 3.7% and 2.5% respectively. In nominal terms, COPEC said, ex-pump prices of petrol and diesel are expected to increase by 24 pesewas and 17 pesewas respectively. “The average surge for both …

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COPEC Blasts Government For Keeping Silent On Rising Fuel Prices In 2022 Budget

The Chamber of Petroleum Consumers (COPEC), is disappointed that the government did not propose any policy in the 2022 budget statement to address the continuous hikes in fuel prices. COPEC’s grievance comes on the back of another increment in the price of fuel from GH¢6.90 per litre to GH¢6.99 per …

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