Government Suspends PSRL
The government of Ghana has directed the National Petroleum Authority (NPA) to temporarily suspend the implementation of the Price Stabilization and Recovery Levy (PSRL) on petroleum products. This suspension is ...
Tag: Petroleum
Sentuo Oil Refinery Will Play Major Role In Securing Domestic Needs- IES
Executive director of the Institute for Energy Security (IES), Nana Amoasi VII, has disclosed that the operations of Sentuo Oil refinery will play a major role in ensuring that the ...
Energy Expert Calls For Sustainable Ways Of Minimizing Ghana’s Dependence On Dollar
Energy expert, Dr Yussif Sulemana, has expressed the need for government to find sustainable ways of minimizing its dependence on the dollar. According to him, the move by the Bank ...
Energy Expert Calls For Clarity On Planned Sale Of Asset Of Tema Oil Refinery
Energy expert, Dr Yussif Sulemana, has called on government and stakeholders involved in the planned sale of assets of Tema Oil Refinery (TOR) to bring clarity on the deal. According ...
CBOD Clarifies Its Stance On Gold-for-Oil Policy
The Ghana Chamber of Bulk Oil Distributors (CBOD) has stated unequivocally that it is not opposed to the government's gold for oil initiative. Dr. Patrick Ofori, Chief Executive Officer of ...
IBF Urges Gov’t To Adjust Fiscal Measures, Focus On The Petroleum Sector, Grow GDP To Save ¢83.5bn
Maintaining its firm position not to sign onto the domestic debt exchange program (DDEP), the Individual Bondholders’ Forum (IBF) Technical has proposed some fiscal measures it suggests can help government ...
BDCs Need About US$400 Million To Import Finished Petroleum Products, US$200 Million Is Inadequate – Dr. Yussif Sulemana
Dr. Yussif Sulemana, Energy Management Strategist, has specified that Bulk Oil Distribution Companies (BDCs) need about US 400million dollars to import finished petroleum products into the country. According to Dr. ...
Depreciation of Cedi Reason for Petroleum Price Hikes – CBOD
The Ghana Chamber of Bulk Oil Distributors, claims that the depreciation of the Ghanaian cedi is the principal reason for the consistent increase in prices of petroleum products on the ...
Hike In Fuel Prices; NPA Is Sleeping -Benjamin Nsiah
Energy Policy Analyst, Mr Benjamin Nsiah has stated that the National Petroleum Authority (NPA) is sleeping and must wake up in order to prevent more upsurge in fuel prices. According ...
GNPC Receives $2.41 Billion of Petroleum Revenues Since 2011- June 2022
GNPC received a total amount of US$2,405.99 million, representing 30 per cent of total revenues accrued from Ghana’s upstream petroleum activities since 2011 to June 30, 2022, according to a ...
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