Ghana: Petrol, Diesel Prices To Rise From September 1

Motorists in the Republic of Ghana will pay more for petrol and diesel effective September 1, 2026.

This follows the release of the latest price floor figures by the National Petroleum Authority (NPA), the downstream petroleum regulator, which showed increases in the prices of petrol and diesel compared with the previous figures for second pricing window of August.

The price floor for petrol has been increased from GH¢13.92 per litre to GH¢14.53, representing an increase of about 4.38%, while the price floor for diesel has risen from GH¢15.19 to GH¢15.60, representing a 2.69% increase.

The price floor for Liquefied Petroleum Gas (LPG), however, has been reduced from GH¢10.98 to GH¢10.85 per kilogramme.

In the notice, the NPA reminded all industry players, including Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs), not to sell petroleum products below the approved price floor during the pricing window.

However, the NPA clarified that the price floors exclude premiums charged by International Oil Trading Companies (IOTCs), operating margins of Bulk Import, Distribution and Export Companies (BIDECs), as well as the marketers’ and dealers’ margins of OMCs and LPGMCs.

These margins will be independently determined by the companies in accordance with the prescribed Petroleum Products Pricing Formula (PPPF).

Over the last two pricing windows, prices of refined petroleum products on the international market have surged amid heightened tensions in the Middle East.

Data published by the NPA showed that the international price of petrol increased from $1,034.12 per metric tonne to $1,126.59 per metric tonne, while the price of diesel rose from $1,250.24 to $1,319.11 per metric tonne.

The international price of LPG also increased from $596.63 per metric tonne to $616.39 per metric tonne.