Ghana news briefing
Ghana must seek cheaper crude supply from Nigeria to cut fuel prices – Prof Peprah
According to him, global supply disruptions and longer shipping routes resulting from geopolitical tensions have significantly increased the cost of transporting crude oil to Africa, with direct consequences for fuel prices in Ghana.
He also pointed to the potential role of the Tema Oil Refinery (TOR), saying its return to active refining could help lower the prices of petrol and diesel if supported with adequate investment and crude supply.
The real solution is to look for a supply line that will enable Ghana to obtain cheaper crude oil," he stressed.
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