Ghana's NPA cuts the petrol price floor to GH¢13.69 a litre for late November, while the LPG floor rises to GH¢15.93
Ghana's National Petroleum Authority has cut the petrol price floor from GH¢15.39 to GH¢13.69 per litre for the 16 to 30 November pricing window, and the diesel floor from GH¢17.41 to GH¢16.73. The floor for LPG, the cooking gas used by millions of households, rises from GH¢13.73 to GH¢15.93 per kilogramme. The floors are minimums, not pump prices: oil marketing companies add their own premiums and margins, and several have already cut petrol and diesel prices at the pump.
Key points
- Petrol's price floor is cut by GH¢1.70 to GH¢13.69 a litre for 16–30 November; diesel's floor falls to GH¢16.73.
- The LPG floor rises to GH¢15.93 per kilogramme, so cooking gas is set to cost more even as petrol gets cheaper.
- Floors are minimums, not pump prices — marketers add premiums and margins, and several have already cut at the pump.
What happened
Ghana reviews petroleum prices twice a month, on the 1st and the 16th, under the NPA's pricing formula. The authority has said marketers may adjust pump prices between windows provided the changes follow its guidelines.
The Chamber of Oil Marketing Companies attributed the mixed price moves to the cedi's appreciation and lower prices for crude oil and finished petroleum products on the international market.
What we know / what we don't know yet
What we know
- The NPA's floors for 16–30 November: petrol GH¢13.69, diesel GH¢16.73 a litre, LPG GH¢15.93 a kilogramme.
- That several marketers, including Star Oil, Allied Oil and JP, have already cut petrol and diesel pump prices.
What we don't know yet
- The final pump prices each company will set for the window — those depend on the premiums and margins each adds to the floors.
- How far the LPG rise will pass into household cooking-gas prices in practice.
Claim by claim
Show all claims (4)
Why this label: The new and old floors are the authority's own figures, reported by Joy Business; the cut is stated here from the figures themselves.
On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.
Why this label: Both figures are the NPA's, reported by Joy Business. On the figures themselves the diesel floor is lower than the previous window's, and the LPG floor is higher.
On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.
Why this label: The exclusions and the pricing-formula arrangement are stated by the NPA and reported by Joy Business; they are why a floor is a minimum, not the price at the pump.
On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.
Why this label: The pump prices are the companies' current prices as reported by Joy Business on Saturday; the chamber's figures are its projections for the coming window, carried as projections, not outcomes.
On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.
Why it matters
Fuel floors shape what every driver and household in Ghana pays. This window splits the two everyday fuels: petrol and diesel get cheaper floors while LPG — the cooking gas poorer households depend on — gets a markedly higher one, so the relief at the pump and the squeeze in the kitchen arrive together.
Update history
No silent edits. Every change is written here, with its time.
- Latest
Published — the new price floors are the National Petroleum Authority's own figures for the 16 to 30 November window.