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Tag Archives: COPEC

COPEC officially petitions Special Prosecutor to probe BOST

The Chamber of Petroleum Consumers (COPEC), has officially petitioned the office of the Special Prosecutor to investigate what they consider to be a questionable crude oil transaction between the Bulk Oil Storage and Transportation (BOST), and an unlicensed private oil firm, BB Energy. Speaking earlier at a news conference in Accra, the Executive Secretary of COPEC, Duncan Amoah, said the deal, ...

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COPEC to petition Special Prosecutor to probe BOST

The Chamber of Petroleum Consumers (COPEC), says it will by close of day today [Monday], petition the office of the Special Prosecutor to investigate allegations of a shady crude oil transaction between the Bulk Oil Storage and Transportation (BOST) and an unlicensed private oil firm, BB Energy. Speaking at a Press conference in Accra, the Executive Secretary of COPEC, Duncan ...

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BOST MD sues Duncan Amoah over ‘death threat’ claims

Alfred Obeng Boateng, Managing Director of BOST

The Managing Director for Bulk Oil Storage and Transportation Company (BOST), Alfred Obeng Boateng, has sued the Chamber of Petroleum Consumers Boss, Duncan Amoah. According to Mr. Obeng Boateng, Mr. Amoah made a false claim when he suggested that he [ Alfred Obeng Boateng] through his agents, had threatened to take his life, following allegations of financial malfeasance he leveled ...

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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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