Revamp TOR to save the economy – Duncan Amoah offers a solution to rising petroleum prices

Executive director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah has stated that if the government does not commit resources to make sure the Tema Oil Refinery is efficient, the economy will remain overly exposed to volatility. He explained that an efficiently operating Tema Oil Refinery will ensure that the

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COPEC predicts another fuel price increment, urges Ghanaians to prepare

Ghanaians are to brace themselves up again as projection coming in from the Chamber of Petroleum consumers Ghana (COPEC) points to a marginal increase in petroleum products prices from Sunday, May 1 2022. The energy think tank in its statement said it expects petrol and diesel to be sold at

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Government to scrap about 5 taxes on petroleum products

As a means of alleviating the plight of Ghanaians in the era of skyrocketing fuel prices due to the rising cost of crude on the International Market and the cedi depreciation, reports indicate that the government has decided to scrap some taxes on petroleum products. This decision was arrived at

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Petrol to sell for GH¢9 while diesel goes for a cedi more in the next window

The Finance Ministry has been called by the Chamber of Petroleum Consumers Ghana (COPEC) to come out on the reason behind the skyrocketing prices of fuel. Fuel prices are expected to hit at least GH¢10 per litre according to COPEC  Executive Director, Duncan Amoah and he is cautioning that Ghana’s economy

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Petrol prices to hit GHS8 per litre if Russia-Ukraine crisis continues – Duncan Amoah

The trickling effect of the Russia –Ukraine row may soon be biting hard as the Chamber of Petroleum Consumers has cautioned if duty bearers of Ghana sit aloof about the skyrocketing fuel prices globally our prices could cross the Ghc8 mark at the pumps in the first pricing window of

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COPEC praises Akufo-Addo for suspending petroleum levies for 2 months

President Akufo-Addo’s approval to eliminate the price stabilization and recovery taxes for two months, according to the Chamber of Petroleum Consumers (COPEC), is a positive first step. On the advice of the National Petroleum Authority, President Nana Akufo-Addo has approved a two-month suspension of the price stabilization and recovery levies

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