Fuel Prices To Further Go Down From Friday
The Institute of Energy Security (IES) is projecting a further drop in the prices of petroleum products in the country from Friday, December 16, 2022. The IES says it is expecting fuel prices to go down due to the continuous appreciation of the Ghanaian cedi against the United State dollar in recent times as well as the price fall recorded at the international market over the first pricing window.
Fuel costs to go down essentially from January 1, 2023
Costs of oil based commodities will go down fundamentally starting this Sunday, January 1, 2023, the Organization for Energy Security (IES) has anticipated. This follows an improvement in the worth of the Ghana cedi to the dollar during the most recent two weeks and a slight decrease in the cost of unrefined petroleum on the world market.
Fuel Prices To Drop Once Again In The Next Few Days - IES
The Institute for Energy Security (IES) forecasted a decline in the price of petroleum products, predicting that gasoline will start retailing at GHC9.50 a litre and diesel at GHC11.60 in the next few days. This comes after the prices of gasoline and liquefied petroleum gas (LPG) fell by 5.28 percent and 5.09 percent, respectively, while the cedi appreciated by 26.5 percent against the US dollar in the second pricing window of December 2022.
The Work Of Mr. Carlos Ahenkora And His Team Must Be Interrogated - Nana Amoasi Declares
Ghana has once again been slapped with a 170 million dollar judgment debt by a UK court for terminating an energy agreement with an independent power producer, Ghana Power Generation Company (GPGC). The Executive Director at the Institute for Energy Security (IES), Nana Amoasi, has said that the work done by Mr. Carlos Ahenkora and his team must be interrogated for their recommendation which led to the termination of the power purchasing agreement between Ghana and Ghana Power Generation Company.
Fuel Coasts Are Expected To Go Down Altogether As Of January 1, 2023
Costs of oil-based commodities will go down essentially starting this Sunday, January 1, 2023, as the Establishment for Energy Security (IES) has anticipated. This follows an improvement in the value of the Ghana cedi to the dollar during the most recent two weeks and a slight decrease in the cost of unrefined petroleum on the world market.
Update in fuel prices: Good news for fuel consumers in Ghana.
Please remember to follow this page for more updates.The Institute of Energy Security (IES) has released an update on the prices of fuel at the various pumps stations for the first pricing window in April 2021.
There will be No Reduction in Transport Cost anytime Now - GPRTU
The General Secretary of the Ghana Private Road Transport Union (GPRTU), Godfred Abulbire, announced that there will not be a drop in transportation costs anytime soon, dashing the aspirations of Ghanaians. According to the Institute for Energy Security (IES), petroleum product prices have decreased dramatically and are predicted to do so even more this Friday, December 16, 2022.
Ghanaians have higher expectations of Akufo-Addo – IES boss
Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII has observed that the expectations of Ghanaians in the Akufo-Addo-led government is very high.He said on the Key Points on TV3 Saturday May 8 that the government may have done is work to ease the economic pressure on the people, but because of the high expectations, the government is always called upon to do more.
Fuel costs to go down fundamentally from January 1, 2023.
Costs of oil based commodities will go down altogether starting this Sunday, January 1, 2023, the Establishment for Energy Security (IES) has anticipated. This follows an improvement in the worth of the Ghana cedi to the dollar during the most recent two weeks and a slight decrease in the cost of unrefined petroleum on the world market.
Petroleum expected to sell at GH₵12 per liter
The price of petroleum is supposed to go up to GH₵12 per liter compelling Wednesday, June 1, the Institute of Energy Security (IES) has anticipated. The increase at the siphons address a flood from five to nine per cent, contrasted with the last pricing window, which finished on May 31, 2022.
Fuel Prices To Go Up Again- IES Projects 2 Percent Increase To Existing Prices
In the coming weeks, the prices of petroleum products on the local pumps in Ghana would shoot up. The projects as provided by the Institute of Energy Security (IES) says the expected rise will be 2 percent of the exiting prices of petroleum products. In an analytical report published by the IES's Policy Analyst, Fritz Moses, there are about three compounding factors contributing this rise in prices of oil commodities.
JUST IN: Fuel prices goes up
Fuel prices for Ghana hit one of The highest after pump prices reach $1.17 dollars per lite which means, the price goes up by $0.11 on June 19th, 2021. The latest figures spark outrage among petroleum consumers who express disappointment through social media hashtag #FixTheCountry.
Fuel prices to shoot up by 5% and 9% from March 16 - IES predicts
The Institute of Energy Security (IES) has predicted that prices of petroleum products will likely rise by at least 5% from this coming Wednesday, 16th March 2022. The second pricing window which is expected to start from the 16th of March to 31st of March will likely see the price of Liquefied Petroleum Gas (LPG) rise by 3%, whilst the prices of Petrol and Diesel are expected to rise by 5% AND 9% respectively.
IES To Ghanaians- Litter Of Fuel Would Be Sold At GHS7 In January.
The Institute for Energy Security (IES) has said consumers of fuel should prepare to buy a litre for GHS7 in the second pricing window of January 2022. After projecting an GHp18 increase for the first pricing window, the period saw an increase of fuel prices at the pump from Gh¢6.50 on average at most pumps to reach Gh¢6.70.
Fuel Costs Liable To Increase By 2% In Few days to come– IES
The Institute for Energy Security (IES) has indicated that fuel costs are probably going to experience an increment again following these factors not many days away. As indicated by the Institute, the new fuel price will be up to 2 percent. The IES said the expectation depends on the expansion in costs of oil based goods on the world market and the depreciation of the Cedi. "
State of Dilema as Fuel prices to go up ¢0.25 per liter from Feb. 1 - Institute of Energy Security
Fuel costs are relied upon to go up by 25 pesewas for every liter from February 1, if the suspended Price Stabilization and Recovery Levies (PSRL) is once again introduced, the Institute of Energy Security (IES) has revealed. This is a consequence of a 8.52% increment in the cost of Brent rough and a peripheral devaluation of the cedi to the US dollar during the most recent fourteen days.
Fuel Costs To Go Up In February - IES Projects.
IES says fuel cost will cross 7 cedis. The Institute for Energy Security (IES), is anticipating that costs of oil-based goods will increment at different siphons the nation over from February. As per them, this is a consequence of an upsurge in the costs of the products on the global market.
Dumsor will persist if cash flow problems of utility companies are not resolved – IES
The Institute for Energy Security (IES) is projecting delayed blackouts if the income issues of the service organizations are not tended to soon.As per Institute, the Electricity Company of Ghana and Northern Electricity Development Company (NEDCO) are making power misfortunes of about 30%.The country as of late has been confronting irregular influence supply, the most recent of which was the previous evening, a circumstance wholesalers credited to say the least at the Aboadze Ahomaso transmission line.
COPEC, IES Project Increase In Petrol, Diesel and LPG Prices Please follow me.
Fuel costs are probably going to up before very long following a flood in costs of completed oil based goods and unrefined on the worldwide market, examiners have anticipated. In discrete examination of the May 2022 First Evaluating Window (May 1 to May 15, 2022), the Office of Petrol Shoppers (COPEC) and the Establishment for Energy Security (IES) extended that costs of petroleum, diesel and Melted Petrol Gas (LPG) would record a minimal increment on the neighborhood market this week.
Prices of petrol, diesel ad LPG to significantly go up – IES
Banishing any mediation from the government, costs of petroleum, diesel, and Liquefied Petroleum Gas (LPG) may in any case see a vertical change, starting today May seventeenth, 2022, the Institute for Energy Security has uncovered. As indicated by the energy think tank, the vertical modification of petroleum, diesel, and LPG costs might be huge, on the rear of rising global fuel costs, and the developing pockets of fuel deficiencies the nation over, albeit the cedi appreciated against the dollar in the beyond about fourteen days.