The Ghana Revenue Authority (GRA) has revised the implementation of the controversial Energy Sector Shortfall and Debt Repayment Levy following stiff resistance from oil marketing companies.
Originally scheduled to take effect on Monday June 9, the new GHC1-per-litre levy faced rejection from the Chamber of Oil Marketing Companies (COMAC), who raised concerns over its timing and potential impact on fuel prices and consumer burden.
In an interaction with Citi News, the GRA confirmed that after discussions “in the spirit of cordiality and partnership,” a new implementation date of June 16 has been agreed upon.
“The Association has concerns with the 9 June implementation date. We have discussed with their leadership in the spirit of cordiality and partnership and have agreed a new start date of 16 June,” the GRA stated.
The levy is part of government measures to settle mounting debts in the energy sector, but industry players argue that they were not adequately consulted and that the rollout risks further destabilising the already volatile downstream petroleum market.
Under the new directive:
- Motor Spirit (Super Petrol): from Ghc0.95 to Ghc1.95
- AGO/Diesel and Marine Gas Oil (Foreign): from Ghc0.93 to Ghc1.93
- Marine Gas Oil (Local): from Ghc0.03 to Ghc0.23
- Heavy Fuel Oil (Residual Fuel Oil – RFO): from Ghc0.04 to Ghc0.24
- Partially Refined Oil (Naphtha): from Ghc0.95 to Ghc1.95
- Liquefied Petroleum Gas (LPG) remains unchanged at Ghc0.73
The new rates apply to all petroleum products not lifted before June 16, 2025.
However, transitional arrangements have been put in place:
- Products lifted by a Petroleum Product Marketing Company (PPMC) before June 16 will still be subject to the old levy rates.
- Any “cash-and-carry” transactions by PMMCs, for which products are lifted on or after June 1, 2025, will be subject to the new rates.
Commissioner-General of the GRA, Anthony Kwasi Sarpong, signed the directive and urged all ports and fuel stations to strictly comply.
Source: www.kumasimail.com
