The National Petroleum Authority (NPA) is set to roll out the Cylinder Recirculation Model (CRM) programme in September this year, Perry Okudzeto, Deputy Chief Executive Officer of the Authority has said. He said under the CRM, residents of Accra and other selected parts of the country do not have to …
Read More »NPA seizes 181,000 litres of smuggled crude oil and diesel in Western Region
The National Petroleum Authority (NPA) has reported the confiscation of a substantial amount of smuggled crude oil and diesel in the Western Region between January and April 2023. During separate operations conducted by the Ghana Navy and Marine Police, a total of 108,000 litres of diesel and 73,000 litres of …
Read More »NPA increases Fuel Marking Margin from 4 to 9 pesewas on all products
John Abdulai Jinapor, Member of Parliament for Yapei Kusawgu has revealed that Fuel Marking Margin (FMM) has been increased as at April 14, 2023. In an April 14 post on his official Facebook timeline, he wrote: “The National Petroleum Authority has just increaesd the Fuel Marking Margin by a whopping 125%. “Expect …
Read More »NPA revokes licenses of 30 Oil Marketing Companies for non-compliance
The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the Authority on the acquisition and maintenance of the licenses. The affected companies are Abagurugu Oil Company Limited; Apex Petroleum Ghana Limited; Avos Oil Company Limited; Best …
Read More »Cylinder Recirculation Policy set to commence by end of December 2022 – NPA
The National Petroleum Authority (NPA) is set to commence the Cylinder Recirculation Policy in key parts of the country by the end of December this year. The Chief Executive Officer of the Authority, Dr. Mustapha Abdul-Hamid, explained that development is expected to improve operations after a long wait amid the …
Read More »NPA locks 3 cheating petrol stations
The National Petroleum Authority (NPA) has locked three filling stations for dispensing fuel less than the quantity the consumer pays for in Sunyani in the Bono Region. The stations are; Frimps oil at Penkwase, the Goil station near Eusbett hotel and Engen, all in the Sunyani township. In the case …
Read More »Fuel prices to go down from August 1 – NPA
The Head of Economic Regulation at the National Petroleum Authority (NPA), Abass Ibrahim Tasunti, says his outfit is expecting further fuel price reductions at the pumps from August 1, 2022, following the reduction in prices of Petrol and Diesel on the World Market. Abass Ibrahim Tasunti, who was speaking to Citi …
Read More »NPA shuts down fuel stations in Western Region for cheating consumers
The National Petroleum Authority (NPA) as part of its routine exercises, has clamped down on some fuel stations that have tampered with their fuel pumps in Western Region. The exercise, which is being spearheaded by the Consumer Services department at the Head office and the Western regional office of the …
Read More »We import finished products not crude – NPA on call for price reduction
Communication Director of the National Petroleum Authority (NPA), Abdul Kudus Mohammed, has explained that the pricing of fuel prices cannot be controlled when its implication on the global market remains on the rise. According to earlier reports from Bulk Oil Distribution Companies, the price of petrol is anticipated to decrease …
Read More »Fuel price hikes: Ghana owns only 18% of its crude oil produced daily – NPA
Ghana owns only 27,000 barrels, representing 18 per cent of the 150,000 barrels of crude oil produced in the country daily. This is woefully less than the 96,000 barrels of crude oil the country consumes daily and does not have any significant influence on the continuous increase in prices of …
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