Search
Close this search box.
GBC

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 […]

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

Prices of fuel products drop 

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

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 […]