Duncan Amoah

COPEC Raises Concerns Over ‘High Rates’ Charged By Major OMCS

COPEC Raises Concerns Over ‘High Rates’ Charged By Major OMCS

The Chamber of Petroleum Consumers Ghana (COPEC) has expressed concern over what it describes as overcharging by the three major Oil Marketing Companies in the country. According to COPEC per data available to it for the first pricing window of the month, Petrol should retail at GHS 10.59 per litre and Diesel at GHS12.84 a litre. However, the OMCs reduced their prices at the start of the year to GHS 12.40 and 14.60 for a litre of petrol and diesel, respectively. Executive Secretary of COPEC, Duncan Amoah, in an interview with Citi Business News, called on the leading OMCs to…
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Reduce LPG Prices Now To Reflect Latest Pricing Window – COPEC Tells Marketers

Reduce LPG Prices Now To Reflect Latest Pricing Window – COPEC Tells Marketers

The Chamber of Petroleum Consumers (COPEC) Ghana is demanding a significant reduction in the prices of Liquefied Petroleum Gas (LPG), after prices of some petroleum products fell in the recent pricing window. The Chamber’s call is coming at a time prices of diesel and petrol went down by about 8% on January 1, 2023. However, prices of LPG remained unchanged. The LPG Marketers Association of Ghana has blamed the situation on high taxes But speaking to Joy Business, Executive Secretary of COPEC, Duncan Amoah said there is no justification for LPG prices to remain unchanged. “LPG should have seen the…
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