Tag: Duncan Amoah
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COPEC demands official withdrawal of new ‘levy’ slapped on LPG by NPA
The Chamber of Petroleum Consumers, COPEC, is demanding an official publication from the National Petroleum Authority, NPA, notifying Ghanaians of a withdrawal of some levies it placed on Liquefied Petroleum Gas, LPG. According to COPEC, the NPA on Tuesday directed Oil Marketing Companies to start charging 13.5 pesewas on every kilogram of LPG from the…
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OMCs’ justification for insignificant drop in fuel prices unfair to consumers – COPEC
The Chamber of Petroleum Consumers, COPEC, has reiterated the need for further reduction in fuel prices at the pumps. The comments follow the Chamber of Bulk Oil Distributors’ appeal to petroleum consumers to be circumspect in their demand for decreases in fuel prices at the pumps. Brent crude, which was selling for about 66 dollars…
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COPEC contemplates court action if OMCs fail to reduce fuel prices
The Chamber of Petroleum Consumers Ghana (COPEC), says it will not rule out the possibility of going to court to compel Oil Marketing Companies (OMCs) in the country to reduce fuel prices at the pumps. The threat comes after a conflict over crude oil prices between Saudi Arabia and Russia pushed the global price of…
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COPEC raises alarm over sub-standard diesel; calls on regulators to act
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…
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‘We’ll picket at Finance Ministry if increases in energy levies are not reversed’–COPEC
The Chamber of Petroleum Consumers Ghana (COPEC) has indicated that it will engage the Finance Minister to reverse a decision to increase some components in the petroleum price buildup. The group, however warned that it will picket at the Finance Ministry if all attempts aimed at getting the government to overturn the decision fails. The Finance…
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Fuel under-delivery: More OMCs to compensate consumers
More Oil Marketing Companies (OMCs) which had retail outlets which were cited as shortchanging consumers are to replenish the quantities to their respective customers within the coming days. That is the assurance from the Chamber of Petroleum Consumers, COPEC. The move follows series of negotiations and the need to give value for money despite complying…
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OMCs compensate consumers for shortchanging fuel purchases
Stakeholders in the petroleum downstream sector have begun processes to compensate consumers that were shortchanged by some fuel stations in Accra. According to the Chamber of Petroleum Consumers Ghana, (COPEC) which disclosed this to Citi Business News, discussions are ongoing with the Association of Oil Marketing Companies and the managers of the affected fuel stations…
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Fuel prices remain unchanged at pumps
The prices of petroleum products will remain unchanged at the pumps at least for the first two weeks in December, despite a reduction in the price stabilization and recovery levy. As a result, the Chamber of Petroleum Consumers (COPEC) is urging consumers to disregard reports of reduction in fuel prices due to the development. The…