Users of petroleum products will have to forget about benefiting from a decrease in the price of fuel, at least for the next two weeks.
This is because the National Petroleum Authority (NPA) has maintained the prices of fuel at the pumps in its regular review of the prices of petroleum products.
Petrol continues to sell at 3 cedis 39 pesewas per litre, diesel at 3 cedis 30 pesewas, Kerosene at 3 cedis 25 pesewas and liquefied Petroleum Gas (LPG) for 2 cedis 94 pesewas per kilogram.
Maintenance of the prices is despite the plunge in global price of crude oil which is selling at about 60 dollars per barrel.
The NPA has indicated it will not reduce petroleum prices because it is using the difference to defray debt owed the Bulk Oil Distribution companies (BDCs).
The BDCs are demanding about GH¢1.3billion from government in respect of forex exchange losses.
Government has released US$150 to the BDCs so far.
By: Kwaku Anim Boadu/citifmonline.com/Ghana