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Tag Archives: COPEC

Citi News Daily: February 7, 2018

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Scrapping fuel taxes will ‘collapse’ Govt’s revenue structure – NPA

The Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli, has insisted that government cannot scrap or review taxes on petroleum products downward any further. According to him, the taxes have been incorporated into government’s revenue projections for the year and any attempt to scrap any of them could spell doom for the current revenue structure. Speaking on the ...

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Consumers demand disclosure on petroleum price stabilization levy

Pressure is mounting on government to come clear on the implementation of the price stabilization levy on petroleum products. Industry watchers argue that consumers risk being shortchanged, if the regulators fail to regulate the application of the levy. The comments come in the wake of marginal rise in the prices of petroleum products for the first two weeks (1st to 15th) ...

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COPEC, ICU to demonstrate over fuel price hikes

The Chamber of Petroleum Consumers [COPEC], has said it will embark on a demonstration on Wednesday over what it describes as the persistent increase in the prices of petroleum products. According to the Chamber, the demonstration, which is in collaboration with the Industrial and Commercial Workers Union (ICU), is to force government to further reduce taxes on petroleum products. Consumers ...

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Fuel prices go up by 4% despite NPA’s assurances – COPEC

The Chamber of Petroleum Consumers, Ghana (COPEC), has raised concern with the latest increase in fuel prices despite the National Petroleum Authority’s (NPA) assurances that prices would remain fairly stable for the month of January. In a statement, COPEC said it checks had revealed that there has been a 4 percent increase in fuel prices at some pumps. “Fuel prices ...

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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 NPA has directed all Oil ...

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Premix fuel being sold at filling stations – COPEC alleges

It seems some Ghanaian vehicle owners have all these while been buying petrol diluted with premix fuel at some filling stations across the country. Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, made this claim on the Citi Breakfast Show on Wednesday, on the back of the National Petroleum Authority’s revelation of massive premix fuel diversions nationwide. ...

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Punishment for cheating fuel stations weak – Duncan Amoah

The Executive Director of the Chamber of Petroleum Consumers of Ghana (COPEC), has expressed his displeasure at the level of punishment meted out of fuel stations who were identified to have cheated customers in Accra. According to him, the punishment was not detrimental enough, although the idea to enforce the law against them was laudable. “We believe that indeed for an outlet ...

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Total Ghana receives 2 prestigious awards from COPEC

Total Petroleum Ghana has been rewarded with two prestigious awards by the Chamber of Petroleum Consumers (COPEC) Ghana. The awards; Best Customer Service 2016 and Best Brand (Environment / Safety) 2016, were presented to Management by the Executive Director of COPEC, Duncan Amoah. The Management of Total Petroleum Ghana received these awards with excitement and stated that they will keep ...

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‘Illegal’ firms harbouring BOST’s contaminated fuel at Tema – COPEC

The Chamber of Petroleum Consumers of Ghana (COPEC), has alleged that some illegal fuel dealers are harbouring the supposed contaminated fuel belonging to the Bulk Oil Storage and Transportation Company Limited (BOST) in Tema and Kpone in the Greater Accra Region. Following the public uproar over BOST’s sale of 5 million litres of contaminated fuel to two unlicensed companies, Movepiina ...

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