Audio By Carbonatix
The prices of petroleum products have been increased. The prices have gone up between 7 and 8 per cent.
The new prices which were set by the Oil Marketing Companies and approved by the National Petroleum Authority, were announced Friday morning, November 23, 2007.
Just as the new prices were announced, Filling stations in the country have started selling the products at the new prices.
The maximum indicative price for Petrol is now 1.04 Ghana cedis up from 98 Ghana pesewas per litre.
A litre of Diesel is 1.03 Ghana cedis up from 95 pesewas. Kerosene has also gone up from 86 pesewas to 94 pesewas a litre.
Liquefied Petroleum Gas (LPG) is now 1 Ghana cedi from 97 Ghana pesewas.
This is the second time petroleum products prices have been adjusted in less than a month and the third since October 2007.
The Public Relations Officer of the NPA Steven Larbie tells Joy Business report that the reviews will no more be done monthly but according to price movements of crude oil on the world market.
What it means is that a gallon of petrol now sells at 4 Ghana cedis 68 pesewas or 46,800 cedis; while a gallon of diesel is 4 Ghana cedis 63 pesewas or 46,350 cedis.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Hotline Documentary: ‘Silent Football’ to air on JoyPrime and JoyNews today
43 minutes -
NDPC examines how evidence shapes Ghana’s development planning and policy decisions
43 minutes -
Education Ministry calls urgent talks to break GAUA strike deadlock
46 minutes -
NCCE engages women in North East Gonja on rule of law, anti-corruption
55 minutes -
NDPC reviews 2004 planning guidelines to reflect changes in decentralised system
1 hour -
Trade Ministry commends Prisons Service for using art to drive inmate rehabilitation
1 hour -
Books, brushes and second chances: Dr Abena Asomaning launches three titles to support prison outreach
1 hour -
Treasury bill auction oversubscribed by 53.5% as yields fall across maturities
1 hour -
NPP warns aspirants premature campaigning could jeopardise eligibility for primaries
1 hour -
Ghana courts investors in Bangkok after exit from $3bn IMF bailout
1 hour -
8 arrested over alleged internet fraud initiation assault in Bono Region
2 hours -
SSNIT says Labadi Beach Redevelopment will create local economic opportunities
2 hours -
BoG proposes 30-day liquidity buffer requirement for banks
2 hours -
BoG plans reviews of banks’ cybersecurity compliance
2 hours -
GRA cautions taxpayers against attacking tax officials
2 hours