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    Support Ghana’s efforts to restore debt sustainability – IMF to bilateral creditors

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    China to seek proper resolution with Ghana over $1.7bn debt

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    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

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COPEC raises alarm over sub-standard diesel; calls on regulators to act

byAnita Arthur Kissi-Mireku
November 28, 2019
in Business, Oil And Gas, Top Stories
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The Chamber of Petroleum Consumers (COPEC), is asking government agencies responsible for the petroleum sector and standards to rid the market of sub-standard diesel being sold by some fuel stations.

The product, known as harbour load or black oil according to COPEC, could ruin vehicle engines.

Executive Secretary of COPEC, Duncan Amoah, is thus calling for action to protect consumers.

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“The Finance Minister has made it very clear from the 2020 budget that they are going to clamp down on these illegal operators who are costing the nation 1.6 billion cedis in tax evasion and revenue, but for us as consumers, this is a matter of safety because if I buy this and my vehicle malfunctions on the road this Christmas, and my family gets killed somebody has made money, but has exchanged my life with it” he lamented.

“If I buy this fuel and I end up going to Abossey Okai to replace my engine for twelve thousand Ghana cedis, that is almost all my life savings gone because of somebody’s greed. So we are calling on authorities to stop the black oil or the harbour load that is still so pervasive in the system”.

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