Posted: Sunday 13th July 2014 at 18:36 pm

Fuel prices go up by over 20% from Monday

52eb240x mg x06fv32uup 1629182231146 8605722806364 Fuel prices go up by over 20% from Monday


From Monday July 14, 2014, petroleum products will be sold a little over 20 percent their current prices, according to latest figures from the National Petroleum Authority (NPA).

The price of petrol (premium) saw the highest increase up 23.08 percent. This means a litre of the commodity, which currently sells at GH¢2.73 per litre from Monday sell at GH¢3.36 a litre.

Kerosene saw an increase of 23.75 percent and diesel 22.01 percent.

Diesel  currently sells at 268.00 pesewas per litre but the price at the pumps will be sold at 327.00 pesewas from tomorrow.

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. Story by Ghana | Myjoyonline.com|George Nyavor | [email protected]

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