OMCs begin new fuel levy June 16
By Praisebell Rosemond Larbi
Oil Marketing Companies (OMCs) across the country will begin implementing the GHS1.00 Energy Sector Levy on each litre of petrol and diesel from Monday, June 16, 2025, following consensus reached between key stakeholders and the government.
This marks a shift from the earlier planned implementation date of June 9, 2025, which had drawn criticism from some industry players over the lack of stakeholder engagement.
In a statement signed by its Coordinator, Dr. Riverson Oppong, the Chamber of Oil Marketing Companies (COMAC) confirmed the revised implementation date after consultations with the Ministry of Energy and Green Transition, the Ministry of Finance, the National Petroleum Authority (NPA), and the Ghana Revenue Authority (GRA).
“The Chamber of Oil Marketing Companies (COMAC) wishes to formally acknowledge and commend the Ministry of Energy and Green Transition, the Ministry of Finance, the National Petroleum Authority, and the Ghana Revenue Authority for the constructive engagements held regarding the implementation date of the new Energy Sector Levies Act, 2025 (Act 1141),” the statement noted.
“Following our consultations and collaborative efforts, we are pleased to announce our alignment and satisfaction with the revised implementation date for the new Energy Sector Shortfall and Debt Repayment Levy (ESSDRL). The new effective date is now confirmed as Monday, 16th June 2025, replacing the initially communicated date of 9th June 2025,” it added.
The GHS1.00 levy per litre on petrol and diesel was introduced through the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), and is projected to raise about GHS5.7 billion annually to help reduce the over $3 billion debt within the energy sector and improve fuel supply security.
The statement further emphasized that the postponement of the implementation reflects the value of stakeholder dialogue and mutual respect in achieving national development goals.
“We extend our gratitude to all relevant institutions for their commitment to ensuring a smooth and sustainable implementation of the levy,” COMAC added.
Earlier, the Chamber had raised concerns over the lack of adequate consultation with industry stakeholders prior to the initial announcement of the levy, warning that sudden implementation could disrupt operations and pricing structures.
