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Home»Business»GOIL PLC matches NPA floor price of GH¢9.99
Business

GOIL PLC matches NPA floor price of GH¢9.99

Ghana NewsBy Ghana NewsFebruary 2, 2026No Comments2 Mins Read
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This initiative is deliberately designed to protect vulnerable segments of society This initiative is deliberately designed to protect vulnerable segments of society

GOIL PLC has announced a further targeted pricing intervention, matching the National Petroleum Authority (NPA) – approved floor price of GH¢9.99 per litre for Petrol (PMS) and extending discounted diesel (AGO) prices across 200 selected GOIL outlets nationwide.

This initiative is deliberately designed to protect vulnerable segments of society, particularly commercial drivers, public transport operators, farmers, traders, and low-income households, who are most affected by transport and food costs.

The selected outlets are strategically located along major transport corridors and near commercial vehicle terminals to ensure the benefits are felt where economic pressures are highest.

At a time when prevailing market indicators suggest that fuel prices should ordinarily be trending upwards, GOIL’s decision to match the regulated floor price and discount diesel, reflects its commitment to cushioning customers from cost pressures while remaining fully compliant with regulatory guidelines.

GOIL noted that credible price relief must be practical, transparent, and deliverable, and its intervention demonstrates that meaningful reductions begin with pricing at or below approved benchmarks, not merely public commentary. By aligning its prices with the NPA floor and extending further relief on diesel, GOIL continues to set the standard for responsible competition in the downstream petroleum sector.

The Company emphasised that these prices are being delivered without compromising fuel quality. GOIL’s products continue to meet and exceed regulatory specifications and are enhanced with advanced performance additives, ensuring engine efficiency, durability, and superior value for money for customers.

As Ghana’s indigenous and trusted national oil marketing company, GOIL remains committed to balancing commercial sustainability with socio-economic responsibility, especially during periods of economic adjustment. This intervention is expected to help stabilise transport fares, reduce the cost of moving food from farms to markets, and moderate prices for essential goods.

GOIL PLC is encouraging motorists and transport operators to take advantage of the reduced prices at the designated GOIL stations, as the Company continues to deliver on its promise of quality, reliability, and competitive pricing.

GOIL remains steadfast in its mission to provide Good Energy, energy that is affordable, dependable, and impactful, to power Ghana’s growth and support the everyday lives of its people.

Understanding Ghana’s stock market and how to invest | BizTech

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