Fuel Prices To Go Up By 20% Starting Monday. Here’s What You Need To Know

Starting Monday July 14, 2014, petroleum products fuel prices will be increased by 20% according to latest figures from the National Petroleum Authority (NPA). This will be the third time the NPA has increased fuel prices this year.

The price of petrol (premium) saw the highest increase of 23.08 percent. This means a litre of the commodity, which currently sells at Ghc2.73 per litre, from Monday will sell at Ghc3.36 a litre.

Kerosene saw an increase of 23.75 percent and diesel 22.01 percent.

Diesel currently sells at 268.00 pesewas per litre, but the price at the pumps will be sold at 327.00 pesewas from tomorrow.

Premix fuel increased by 25.60 per cent to Ghc1.57 per litre.

Liquefied petroleum gas (LPG) saw an increase of 15.68 percent, selling now at Ghc3.32 per litre according to the latest NPA figures.

Checkout the breakdown of the prices below.

REVISION OF EX-PUMP PRICES EFFECTIVE – JULY 14, 2014

Domestic Products
ProductEx-Pump Price РJuly 1, 2014 (GHp/Lt or Kg)Reviewed Ex-Pump Prices for PBU Effective July 14, 2014(GHp/Lt or Kg)% Change
Premium273.00336.0023.08%
Kerosene261.00323.0023.75%
Gas Oil268.00327.0022.01%
MGO Local236.00299.0026.69%
RFO135.00157.0016.30%
LPG287.00332.0015.68%
Premix125.00157.0025.60%
Unified289.00295.002.08%
Kero Mines321.00323.000.62%
Gasoil to Rig379.00382.000.79%
Gasoil Mines379.00382.000.79%
Export Products
ProductCurrent Ex Pump Price РJuly 1, 2014 (US Cents/Lt)Reviewed Pump Prices for PBU Effective July 14, 2014(US Cents/Lt)% Change
ATK105.00103.00-1.90%
MGO Foreign115.00113.00-1.74%

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