Special Prosecutor asked to develop interest in happenings in power sector
By: Rachel Kakraba Executive Secretary, Chamber of Petroleum Consumers Ghana, COPEC, Duncan Amoah has asked the Office of the Special Prosecutor to develop interest in happenings in the power sector. Barely 24 hours to expiration of the ultimatum for government to defray its indebtedness to the producers, Mr. Amoah is calling for forensic audit to […]
COPEC says it will take minimum of ten days to normalize supplies of fuel to all stations
By: Rachel Kakraba The Executive Secretary of the Chamber of Petroleum Consumers Ghana, COPEC, Duncan Amoah, says although the strike by the Tanker Drivers Association has been called off it will still have some disruptions in fuel products in the country. Mr. Amoah said it will take about 10 days for the situation to normalize. […]
Tanker drivers strike: Petroleum products shortage likely in 24 hours – COPEC
The Chamber of Petroleum Consumers Ghana (COPEC) has hinted of imminent fuel and petroleum products shortage by close of today, if striking tanker drivers do not rescind their action. The Tanker Drivers’ Association of Ghana this week embarked on a nationwide strike demanding that deplorable roads leading to and from their depots all across the country, especially […]
COPEC projects decline in fuel prices in second pricing window of May
The Chamber of Petroleum Consumers Ghana, COPEC, is projecting a decline in the prices of fuel in the second pricing window of May 2023. COPEC’s projections is as a result of decline in the price of crude on the international market and stable to slightly declining forex rates. Petrol is expected to be sold at […]
COPEC proposes ”funnel arrangement” to control fuel prices
The Chamber of Petroleum Consumers-Ghana, COPEC, has proposed a solution it describes as the funnel arrangement to help control fuel prices in the long term. Under the arrangement, the Chamber suggests that instead of Bulk Oil Distributors, BDCs, importing petroleum products in fragments, the country should rather aggregate the volumes required over a period and […]