NPA increases fuel price floor for April 1 window; Petrol now GH¢13.30, diesel at GH¢17.10

The National Petroleum Authority (NPA) has set new minimum price floors for petroleum products for the April 1, 2026, window. Under the revised price floor, petrol has increased from GH¢11.57 to GH¢13.30 per litre, representing about 1.73% increase. Diesel has risen from GH¢14.35 per litre to GH¢17.10. Liquefied Petroleum Gas (LPG) has also been adjusted upward to GH¢10.71 per kilogramme from the previous GH¢10.67.

The NPA stated in a notice to Oil Marketing Companies (OMCs): "As per the Petroleum Products Pricing Guidelines (PPPG), all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) are entreated to comply with the above price floors for the window under consideration." The NPA clarified that the quoted prices exclude premiums charged by International Oil Trading Companies (IOTCs), as well as the operating margins of Bulk Import, Distribution and Export Companies (BIDECs) and the marketers' and dealers' margins of OMCs and LPGMCs. The Executive Secretary of the Chamber of Petroleum Consumers, Duncan Amoah, has argued that competition among the various OMCs could help set up some competitive pricing and the industry does not need a price floor.

No Oil Marketing Company (OMC) or LPG Marketing Company will be permitted to sell below the approved price floors from April 1 to April 15, 2026. Companies currently selling below these levels will have to adjust their pump prices upward to comply with the directive from Wednesday, April 1, 2026.