The National Petroleum Authority (NPA) has implemented a minimum price threshold for petroleum products to stabilize Ghana's downstream sector and prevent aggressive price undercutting among oil marketing companies (OMCs) and LPG marketing companies (LPGMCs).
Effective February 16 to 28, OMCs and LPGMCs must adhere to the newly established price floor.
Petrol and diesel will trade at no less than GH₵12.56 and GH₵13.45 per litre, respectively, while liquefied petroleum gas (LPG) will be priced at a minimum of GH₵14.26 per kilogram.
According to the NPA, the directive seeks to ensure pricing transparency and long-term market sustainability.