Petroleum products will from today see an increase of 23.8 percent on current prices, figures from the National Petroleum Authority (NPA) has revealed.
Petrol will now see an increase of 23.8 per cent; meaning a litre of the product has moved from GHc2.73 to GHc3.36.
Diesel saw an increase of 22.1 percent and will now sell at GHc3.27
Kerosene saw a 23.75 increase and will now sell at GHc3.23
Premix fuel increased by 25.60 per cent to GH¢1.57 per litre.
Liquefied petroleum gas (LPG) saw an increase of 15.68 percent, selling now at GH¢3.32 per litre according to the latest NPA figures.
This would be the third time the NPA has increased fuel prices this year alone.
Below is the complete list of the revised fuel prices from the NPA
| REVISION OF EX-PUMP PRICES EFFECTIVE JULY 14, 2014 | |||
| Domestic Products | |||
| Product | Ex-Pump Price – July 1, 2014 (GHp/Lt or Kg) | Reviewed Ex-Pump Prices for PBU Effective July 14, 2014(GHp/Lt or Kg) | % Change |
| Premium | 273.00 | 336.00 | 23.08% |
| Kerosene | 261.00 | 323.00 | 23.75% |
| Gas Oil | 268.00 | 327.00 | 22.01% |
| MGO Local | 236.00 | 299.00 | 26.69% |
| RFO | 135.00 | 157.00 | 16.30% |
| LPG | 287.00 | 332.00 | 15.68% |
| Premix | 125.00 | 157.00 | 25.60% |
| Unified | 289.00 | 295.00 | 2.08% |
| Kero Mines | 321.00 | 323.00 | 0.62% |
| Gasoil to Rig | 379.00 | 382.00 | 0.79% |
| Gasoil Mines | 379.00 | 382.00 | 0.79% |
| Export Products | |||
| Product | Current Ex Pump Price – July 1, 2014 (US Cents/Lt) | Reviewed Pump Prices for PBU Effective July 14, 2014(US Cents/Lt) | % Change |
| ATK | 105.00 | 103.00 | -1.90% |
| MGO Foreign | 115.00 | 113.00 | -1.74% |
Meanwhile, transport operators have announced a 15% increment in fares with effect from Monday July 14.
The new fare announced Saturday, was reached after consultations between the Transport Ministry and the transport operators represented by the Ghana Road Transport Coordinating Council (GRTCC).
A joint statement to that effect was issued by the General Secretaries of the Ghana Private Road Transport Union (GPRTU) and Ghana Road Transport Coordinating Council (GRTCC), Stephen K. Okudzeto and Alhaji Aliu Baba respectively.
The releases noted, the new transport fares cover intra-city (Trotro), inter-city (Long Distance) as well as Taxi Cabs.
The statement urged transport operators to strictly comply and charge only approved fares as well as publish them at the various transport terminals to avoid any confrontation with passengers.
Business World (with notes from myjoyonline)