There Is No Excuse To Continue Taking High Transport Fares - COPEC
The Executive Secretary of the Chamber Of Petroleum Consumers (COPEC), Mr Duncan Amoah, has appealed to commercial transport operators to reduce transport fares following the recent reduction in fuel prices. He said Ghanaians will be disappointed if the commercial transport operators refuse to reduce transport fares.
Fuel Prices Might Go Up Again-COPEC
Ghanaians were a little relieved after the recent interview granted Mr. Duncan Amoah, COPEC executive secretary on Prime Morning at Joy News, when he assured of prices of fuel dropping on Monday, 14th November 2022. He made mention of the data collected on forex over the week, making it possible to have a reduction in fuel prices.
The decision of the Energy Minister to keep the BOST margin is incorrect - COPEC
The Energy Minister's insistence on preserving the Bulk Oil Storage and Transportation Limited Company (BOST) margin as part of the increase in gasoline prices has been contested by the Chamber of Petroleum Consumers (COPEC). The Minister stated at the BOST annual general meeting on Wednesday that the 9 pesewas BOST margin on petroleum products will remain in place due to the company's efficient use of the earnings.
Prices Of Fuel To Reduce From 14th November 2022- COPEC
Recent price surge of Fuel has taken a toil on Ghanaians. Many have parked their cars and resort to public transport system. Fares at various lorry stations are also nerve-racking. Many passengers are seen queued at various lorry parks. Today, the Chamber of Petroleum Consumers (COPEC) announced a likely reduction of fuel prices by Monday, 14th November 2022.
You Can't Keep On Establishing Your Processing Plant And Purchase From Unfamiliar Treatment Facility
The Office of Oil Purchasers Ghana (COPEC Ghana) has approached the government to find ways to resuscitate the Tema Petroleum Treatment facility and end the importation of fuel from European nations. Chief Secretary of the Chamber, Mr Duncan Amoah, talking on JoyNews' AM Show on Thursday, said it is inadmissible that the Tema Petroleum Processing plant (Pinnacle) has been inactive and the government keeps on purchasing fuel from an unfamiliar treatment facility.
COPEC Asked Goverment To Address Issue Of Persistent Hikes In Fuel Prices
The Chamber of Petroleum Consumers, Ghana (COPEC), threatened to embark on strike if nothing is done to reduce persistent hikes in petroleum prices. They said they are expecting the government to check the hike in Fuel prices to prevent demonstrating in the country. “We want to give the authorities an ultimatum.
Finance Minister Ought To Have Sworn Off All Advantages As Holder Of The Public Patchel - COPEC
The Office of Oil Customers Ghana (COPEC Ghana) says Money Clergyman, Ken Ofori-Atta, ought to have driven the charge for the government's monetary recuperation program by swearing off the entirety of his advantages. Chief Secretary of the Chamber, Duncan Amoah, talking on JoyNews' AM Demonstrate said such energy would show that Mr Ofori-Atta is setting a model for others to follow.
Good News As Fuel Prices Set To Decrease
The good news hitting fuel users and Ghanaians as a whole, reveals that, prices of petroleum products are set to decrease soon. Mr. Duncan Amoah, the Chief Executive of Chamber of Petroleum Consumers, who revealed this, stated that, based on data from some Bulk Oil distributors, on pricing of products for the next two weeks, prices of Petroleum products are expected to witness some decline from this weekend (July 16), with diesel expected go down by more than 11%.
Fuel price surpasses GHS 8.00 per liter.
Fuel prices at some fuel pump stations continue to rise, reaching GHS8 per litre in the first week of March 2022. This is expected to have a knock-on effect on other oil marketing companies, causing them to raise their prices as well. Two weeks ago, fuel prices averaged GHS6.4 per litre after the National Petroleum Authority reinstated the Price Stabilisation and Recovery Levy (PSRL).
Prices of Petro, diesel, LPG to go down on 16 July, tomorrow.
Costs of Petroleum items are supposed to observe some decay from this end of the week (July sixteenth), with diesel expected go somewhere near over 11%. This depends on information from some Bulk Oil merchants on estimating of items for the following fourteen days. Petroleum then again ought to go somewhere near practically 4%, while LPG will fall by practically 10% per Kilogram.
Fuel price will hit Ghc 9.00 per litre before the ending of March- COPEC
The Executive Secretary for the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah has forecasted that the price of fuel per litre is likely to be increased to Ghc 9.00 before the month of March ends. According to Duncan Amoah, the hike in the prices of fuel is as a result the drastic depreciation of the Ghana cedi and Russia’s invasion of Ukraine which has affected the international market.
Prices for gasoline, diesel, and LPG will be reduced beginning July 16
Prices for petroleum goods are set to fall beginning this weekend (July 16th), with diesel falling by more than 11%. This is based on information from a few distributors of bulk oil regarding product pricing over the upcoming two weeks. LPG prices are expected to drop by approximately 10% per kilogram, while gasoline prices should drop by about 4%.
Fuel prices increase by 3 percent.
The Chamber of Petroleum Consumers (COPEC) has said the country has seen a 3 percent surge in fuel prices. According to the Executive Secretary of COPEC, Duncan Amoah, the increment has been blamed on the price of the commodity on the international market. He said, "Fuel prices have increased again and this time by 3 percent.
“This is laziness and it is quite appalling” – Duncan Amoah speaks on new fuel Levies
The Executive Secretary of Chamber of Petroleum Consumers (COPEC), Mr. Duncan Amoah has described the proposal of 30 pesewas per litre new levy under the Energy Sector Levies Act (ESLA) as an approach marked by laziness in solving energy sector challenges.
Don’t approve new fuel levies – COPEC urge MPs
The Chamber of Petroleum Consumers (COPEC) has requested Members from Parliament to toss out the new imposes on oil based goods.
'The petroleum levy hasn't created good roads in 15 years; what will the e-levy do?' COPEC
Duncan Amoah The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has questioned the rationale for the introduction of the e-levy, claiming that the petroleum levy has not created a single motorway in the country after 15 years of implementation. Mr Duncan Amoah claims that after 15 years of collecting taxes like as the fuel levy and road tolls, Ghana has nothing to show for it in terms of good roads.
Fuel Price To Increase By Thursday - COPEC
The Executive Director of Chamber of Petroleum Consumers (COPEC), Mr Duncan Amoah has hinted that Ghanaians should expect an upward adjustment in fuel prices by Thursday this week. According to the COPEC boss, this has become necessary because of the continuous increase in crude oil prices over the last several weeks on the international market. He stated that the upward surge in crude oil prices has put financial burden on various oil marketing companies and the problem has been compounded by the worsening
COPEC: Fuel prices to cross GH¢8 mark
Fuel prices are expected to cross the GH8 mark soon, according to the Chamber of Petroleum Consumers of Ghana (COPEC), and the Ghanaian government will need to take strategic measures to mitigate the impact of the increase on consumers. Duncan Amoah, COPEC's Executive Secretary, slammed the government's efforts to address the government's inability to keep fuel prices stable.
Prices of Fuel in the Country likely to increase
Business The Chamber of Petroleum Consumers Ghana known as (COPEC) has predicted that fuel prices in Ghana are likely to shoot up in the coming days ahead of us. The acting executive Director of COPEC in the country who is called Mr. Duncan Amoah said that the association said that there is highly likely of fuel price increase, is the result of the prices of fuel on the international market recording an upward trend over the past few weeks. He went on to elaborate this by saying that “There is increasing pressure
Transport Fares Increase Today
The leadership of a group calling itself the Concerned Drivers Union that are not part of Ghana Road Transport Coordinating Council (GRTCC) will from today increase its transport fares by 20 percent, following the increases in fuel prices. According to a statement signed by their leadership, the increase has become necessary in view of the number of taxes on fuel announced by the government in the 2021 Budget and was subsequently approved by Parliament.