The Ghana Revenue Authority (GRA) has delayed the implementation of the Energy Sector Shortfall and Debt Repayment Levy after resistance from oil marketing companies. Originally set to take effect on June 9, the GHC1-per-litre levy faced opposition from the Chamber of Oil Marketing Companies (COMAC), which raised concerns about its timing and potential impact on fuel prices.
Following discussions with industry stakeholders, the GRA announced a revised implementation date of June 16. “The Association has concerns with the June 9 rollout. After discussions in a spirit of partnership, we have agreed on a new start date of June 16,” the authority stated.
The levy aims to address mounting debts in the energy sector, but industry players argue that inadequate consultation and the sudden rollout could disrupt the petroleum market.
New Levy Rates:
- Motor Spirit (Super Petrol): GHC0.95 → GHC1.95
- AGO/Diesel & Marine Gas Oil (Foreign): GHC0.93 → GHC1.93
- Marine Gas Oil (Local): GHC0.03 → GHC0.23
- Heavy Fuel Oil (Residual Fuel Oil – RFO): GHC0.04 → GHC0.24
- Partially Refined Oil (Naphtha): GHC0.95 → GHC1.95
- Liquefied Petroleum Gas (LPG): Remains at GHC0.73
Transitional Arrangements:
- Petroleum products lifted before June 16 will follow the old levy rates.
- “Cash-and-carry” transactions from June 1 onward will be subject to the new rates.
Commissioner-General of the GRA, Anthony Kwasi Sarpong, signed the directive, urging all fuel stations and ports to comply with the updated policy.
