The National Petroleum Authority (NPA), has directed all Oil Marketing Companies, and LPG Marketing Companies to reduce prices at the pump to relieve pressure on consumers.
The directive from the Ministry of Energy, in a letter signed by Boakye Agyarko to the OMCs asked them to use revised prices in the Price Stabilization and Recovery Levy Act to control the recent price increases in petroleum products.
This means that petrol will remain at 12 pesewas per liter, diesel and LPG prices have dropped to 3 pesewas per liter from 10 pesewas per liter.
Consumers are expected to experience changes in prices at the pumps in the first pricing window of December 2017.
