Fuel Levy Act suspension due to Iran-Israel tensions - Energy Ministry | Pulse Ghana
“I can confirm that the government of Ghana, as issued by the GRA, has postponed the implementation of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141). This levy is what has introduced GH₵1 on petrol, GH₵1 on diesel, and 20 pesewas on gas. So, yes, I can give you that confirmation,” Mr. Rockson stated.
He attributed the deferment to a combination of domestic and international dynamics. Mr. Rockson highlighted the government's ongoing efforts to stabilise the cedi, which had previously led to a significant drop in fuel prices from an average of GH₵17 to GH₵11 or GH₵12 per litre.
However, recent geopolitical developments have disrupted the stability.
“In fact, the last three days, if you check crude oil prices on the international market, it moved from $60 to $74, and this is the highest we’ve seen in the past five months. This has also caused some disruptions in our pricing module,” Rockson noted.
In response to this fluid market situation, the government has directed key ministries to maintain close vigilance.
“So, they will keep monitoring, and as and when the factors look favourable, definitely, a new date will be announced,” Mr. Rockson assured.
The Ministers of Energy and Finance have been tasked with continuously monitoring the situation.