Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

We’ve no hand in planned 15% fuel increase – BDCs

  • SOURCE: | qwesa2big
  • fuel

    The Ghana Chamber of Bulk Distribution Companies (BDCs) have said they have no hand in the planned 15% increase in petroleum products scheduled for Wednesday July 1.

    According to the BDCs, the increase is as a result of the routine price reviews by the National Petroleum Authority.

    Petroleum products are expected to go up by between 10 and 15% beginning tomorrow.

    The increase, according to Starr News sources, is aimed at clearing debts owed the BDCs by the government.

    The changes were thought to be part of the price liberalization being implemented by the government.

    But speaking to Kafui Dey on the Morning Starr Tuesday, Chief Executive Officer of the chamber Senyo Hosi said determination of prices is still in the hands of the NPA.

    “The chamber is not responsible for pricing as at now. We have no hand in the new price reviews. Currently, with BDCs and OMCs our prices and contract margins are regulated and predetermined,” he said.

    Source: http://starrfmonline.com/1.4845785

    Leave a reply

    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar