Tag Archives: 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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

The Chamber of Petroleum Consumers Ghana (COPEC) has said the persistent hikes of petroleum prices at the local pumps is due to the unresponsive nature of the government. According to Duncan Amoah, the executive secretary of COPEC, the Energy and Finance Ministers have remained adamant even when oil prices on …

The Chamber of Petroleum Consumers (COPEC) is advocating for a review of the price stabilization and recovery levy to forestall further increases in petroleum products. Petroleum products have been increased about four times in the spate of two months. COPEC attributed the situation to the Coronavirus pandemic and the current …