Tag: IES
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Revive TOR to provide reliable and affordable fuel – IES to Prez Akufo-Addo
The Institute for Energy Security, IES, has reiterated the need for government to do all it can to ensure the Tema Oil Refinery is revived, in the wake of hikes in prices of fuel at pump stations. The call by the Institute comes on the back of a recent announcement by President Akufo-Addo that steps…
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Petrol, diesel prices to go up further to ¢18 and ¢20 by mid-November – IES
As the country continues to suffer continuous fuel price hikes and increases in transport fares, consumers may have to brace themselves for more shocks in the coming weeks. This is because the Institute for Energy Security (IES) is predicting petrol and diesel prices to go up further to ¢18 cedis and ¢20 per liter for…
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Prices at the pumps to fall marginally – IES
The Institute of Energy Security (IES) is projecting a slight reduction in fuel prices in the coming days. This is despite an almost 11 per cent drop in prices on the world market. The about 3.6 per cent depreciation of the cedi against the dollar has however thwarted any significant drop in prices at the…
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Prices of petrol, LPG to fall by 4% in first pricing window of July – IES
Consumers of petroleum products, can heave a sigh of relief as the price of petrol is expected to go down by about 4 percent per litre at the various pumps in the country in the 1st pricing window of July. This is according to a recent analysis by the Institute for Energy Security (IES). This…
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Fuel prices to rise marginally in second pricing window of May – IES
Consumers of fuel may have to brace themselves for more shocks in the next couple of days because the Institute of Energy Security (IES) is forecasting a 3 to 6 percent increase in the price of petrol and LPG and 2 percent increase in the price of diesel on the local market. According to the…
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Government must take a decision on rising fuel prices: Public Interest is paramount [ARTICLE]
It is rife for government to take a decision on fuel prices keeping in mind the interest of citizens with respect to quality of life. Over the past couple of years, prices of Gasoline, Gasoil, and Liquefied Petroleum Gas (LPG) have been subjected to constant increases at the pump, placing financial strain on consumers and…
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IES predicts petrol prices may soon cross GH¢9
The Institute of Energy Security (IES) is forecasting a 9% and 5% increase in the prices of Diesel and Petrol respectively by the end of March 2022. The Institute of Energy Security is also predicting prices of Liquefied Petroleum Gas and Petrol could go up by 3% by the end of March 2022. According to…
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Expect another fuel price hike in February – IES
The Institute for Energy Security (IES) is projecting a further increase in the prices of Liquefied Petroleum Gas (LPG), Diesel, and Petrol at various pumps across the country, over the next two weeks. According to the Institute for Energy Security, this is in spite of the suspension of the Price Stabilization and Recovery Levy (PSRL).…
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Fuel prices cross GH¢7 mark; represents about 40% increase in 12 months
The price of a litre of fuel has crossed the GH¢ 7 mark for the first time at some pumps across the country. Fuel prices per litre stayed at around Gh¢6.50 on average for a few weeks, and then rose to reach an average of Gh¢6.70 at most pumps in the past week alone, according…
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Fuel prices to hit GH¢7 per litre by January ending – IES predicts
The Institute for Energy Security (IES) says consumers should expect fuel prices at the pumps to hit GH¢7 per litre in the second pricing window of this month, January. Fuel prices per litre at most pumps around the country dropped to around GH¢ 6.50 on average in the past few weeks but have now risen…