Ghana Minute.
Friday, 18 September 2026
Ghana’s news, on the hour · Est. 2026
Friday, 18 September 2026
Accra—:—London—:—New York—:—Beijing—:—
Ghanaian press · Organization

Oil Marketing Companies

Also known as: OMCs

Firms that retail petroleum products in Ghana, subject to NPA-set price floors and government subsidy interventions on diesel and premix fuel.

2026-04-262026-09-18

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Joy Online

    Under the current system, Bulk Distribution Companies blend the fuel, while Oil Marketing Companies distribute it to Landing Beach Committees for onward sale to fishermen.

    Fisheries Minister cracks down on premix fuel overpricing and mismanagement of community funds
  3. April 2026
  4. Joy Online

    The NPA has reminded Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) that they are required to comply with the announced floors, although they are permitted to add their own margins, meaning actual pump prices may vary across stations.

    Fuel prices see slight relief in May as diesel records sharper drop
  5. Business & Financial Times

    Twum-Barimah emphasised that the current policy, which sets a minimum retail price for petroleum products, has effectively restricted Oil Marketing Companies (OMCs) from leveraging their operational efficiencies to offer lower prices to consumers.

    Lawyer Paul Twum-Barimah urges NPA to scrap fuel price floor
Mining & Energy

NPA: Ghana has adequate fuel reserves, private sector controls stocks

The News

The National Petroleum Authority CEO Godwin Edudzi Tamakloe explained that Ghana's downstream petroleum industry was deliberately designed around private-sector participation, with government not directly controlling most fuel stocks. He said Ghana currently has not less than 6 weeks of fuel cover and that rising prices, not supply availability, are his immediate concern.

8 hours ago · Joy Online

Today

  1. NPA: Ghana has adequate fuel reserves, private sector controls stocks

    The National Petroleum Authority CEO Godwin Edudzi Tamakloe explained that Ghana's downstream petroleum industry was deliberately designed around private-sector participation, with government not directly controlling most fuel stocks. He said Ghana currently has not less than 6 weeks of fuel cover and that rising prices, not supply availability, are his immediate concern.

    8 hours ago · Joy Online

Monday 31 August

  1. Government extends GH¢2 diesel subsidy into September

    The government has extended its GH¢2 per litre reduction in the regulatory margin on diesel into September's first pricing window, a temporary measure originally set to expire at the end of August. The extension aims to shield motorists, transport operators and businesses from rising fuel prices amid elevated international crude oil costs.

    31 August 2026 · Joy Online

Friday 14 August

  1. NPA reduces fuel price floor from August 16, 2026

    Ghana's National Petroleum Authority has cut the price floor for petrol to GH¢13.92 per litre (down 4.1%) and diesel to GH¢15.19 per litre (down 10.48%) effective August 16, 2026. Whether consumers see actual price reductions remains unclear, as oil marketing firms currently price above the floor.

    14 August 2026 · Joy Online

Monday 3 August

  1. GH¢2 diesel subsidy cushions consumers amid global oil volatility

    The Chief Executive of the Chamber of Oil Marketing Companies welcomed Ghana's GH¢2 per litre diesel subsidy as a timely intervention to shield consumers and operators from volatility in international crude oil prices, noting that the global petroleum market has caused sharp swings in fuel costs.

    3 August 2026 · Joy Online

  2. NPA sets new fuel price floors for August 4–15 window

    The National Petroleum Authority has announced revised ex-pump price floors for petroleum products effective August 4–15, 2026: petrol at GH¢14.53 per litre, diesel at GH¢14.97 per litre, LPG at GH¢11.06 per kilogramme, MGO Local at GH¢16.08 per litre, and kerosene at GH¢14.46 per litre. These minimum prices do not include premiums from international trading companies, distribution margins, or marketer and dealer margins, which companies determine independently under the Petroleum Product Pricing Guidelines.

    3 August 2026 · Joy Online

Sunday 2 August

  1. NPP MP questions government on fuel price hikes and levy promise

    Akuapem North MP Sammi Awuku has criticised the government over the latest fuel price increases, questioning why the Price Stabilisation and Recovery Levy has not cushioned consumers against price shocks and arguing that the current pricing mechanism lacks effectiveness.

    2 August 2026 · Joy Online

Monday 27 July

  1. Fuel price hikes driven by global market costs, COMAC CEO says

    The Chief Executive Officer of the Chamber of Oil Marketing Companies says recent fuel price increases reflect rising international crude and refined product prices, not increased margins by OMCs. OMCs pass on costs from Bulk Distribution Companies to consumers and cannot continue absorbing rising costs without affecting their businesses.

    27 July 2026 · Joy Online

Tuesday 30 June

  1. NPA cuts fuel price floors for July pricing window

    The National Petroleum Authority has announced significant reductions in official price floors for petroleum products in the first pricing window of July: petrol down 4.5 per cent to GH¢12.79 per litre, diesel down 10.4 per cent to GH¢13.54 per litre, and LPG down 23.6 per cent to GH¢10.11 per kilogram. The price floors represent minimum selling prices for Oil Marketing Companies and LPG Marketing Companies, though actual retail prices may vary based on additional charges and operating margins.

    30 June 2026 · Joy Online

Tuesday 16 June

  1. Fuel prices fall as OMCs cut petrol, diesel prices

    Oil Marketing Companies including GOIL and Zen Petroleum have reduced petrol and diesel prices in line with Ghana's bi-weekly fuel price review, following the National Petroleum Authority's announcement of lower price floors for the June 16–30 pricing window.

    16 June 2026 · Joy Online

Thursday 11 June

  1. Emelia Arthur sets premix fuel price ceiling at GH¢180

    The Minister for Fisheries and Aquaculture has directed Landing Beach Committees not to sell premix fuel above GH¢180 per yellow "Kufour gallon," warning that sanctions will be imposed on those who violate the directive. The minister stressed that the government's premix fuel subsidy was intended to support artisanal fishermen, not enrich middlemen or committee members.

    11 June 2026 · The Chronicle

  2. Fisheries Minister enforces GH¢180 ceiling on premix fuel sales

    Fisheries Minister Emelia Arthur has directed Landing Beach Committees not to sell premix fuel above GH¢180 per yellow "Kufour gallon" and warned of sanctions for non-compliance, emphasizing that the government subsidy programme is intended to support artisanal fishermen rather than enrich middlemen or committee members.

    11 June 2026 · Joy Online

Tuesday 28 April

  1. Fuel prices ease in May as diesel drops sharply

    Ghana's National Petroleum Authority has set lower ex-pump price floors for May 1–15, with petrol at GH¢13.25 per litre and diesel at GH¢14.30 per litre. Diesel has fallen GH¢1.80 per litre from the previous fortnight, continuing an easing trend after sharp increases earlier in April.

    28 April 2026 · Joy Online

Sunday 26 April

  1. Lawyer urges NPA to remove fuel price floor policy

    Former MP Paul Twum-Barimah has called on the National Petroleum Authority to abolish the fuel price floor, arguing it restricts competition and prevents Oil Marketing Companies from offering lower prices to consumers despite having the operational capacity to do so.

    26 April 2026 · Business & Financial Times

Oil Marketing Companies — Ghanaian press coverage · Ghana Minute