The Chamber of Oil Marketing Companies (COMAC) in Ghana has rejected a proposal by the Interior Ministry to introduce a 10-pesewa tax on petroleum products.
The tax aims to support the Ghana National Fire Service (GNFS), but COMAC argues it is unsustainable and impractical.
COMAC acknowledges the critical role of the GNFS but says the petroleum sector is already burdened with multiple levies and taxes, contributing to high fuel prices.
These levies account for approximately 25% of the ex-pump price.
“While we acknowledge the need to improve the operational efficiency of the GNFS, we strongly advocate for a proactive approach rather than reactive taxation to address fire safety concerns,” a statement signed by Dr. Riverson Oppong, Chief Executive Officer and Industry Coordinator, said.
Dr. Oppong listed around 12 taxes and levies imposed on fuel including Energy Debt Recovery Levy, Road Fund Levy, Energy Fund Levy, Price Stabilization and Recovery Levy, Sanitation and Pollution Levy, Energy Sector Recovery Levy, Special Petroleum Tax, Primary Distribution Margin and BOST Margin.
According to him, these levies and regulatory margins collectively account for approximately 25% of the ex-pump price, adding a significant cost burden to Ghanaian consumers.
“While we acknowledge the need to improve the operational efficiency of the GNFS, we strongly advocate for a proactive approach rather than reactive taxation to address fire safety concerns.
“The Chamber of Oil Marketing Companies firmly opposes the introduction of any additional fuel levy and calls on the government to explore alternative financing strategies that do not impose further economic hardship,’’ Dr Oppong stated.
Source: https://energynewsafrica.com
The Swedish government has proposed a new law regarding state support for nuclear power investments.
In the bill – submitted to parliament on 27 March, 2025 – it proposes providing state loans to finance four new nuclear reactors as well as a contract-for-difference power price mechanism.
“In the bill, the government proposes a new law on state support for investments in new nuclear power,” the government said.
“The law regulates the basic conditions and forms of state support for companies for investments in new nuclear power reactors in Sweden.”
It added: “Government loans may be provided for the construction and test operation of new nuclear power reactors, as well as for design and other preparatory measures for construction.”
The loans – aimed at lowering the cost of financing new nuclear – will be limited to the equivalent of four large-scale reactors (about 5000 MWe of capacity).
The government said that several project companies may be eligible and there is the possibility for other private actors and the state to take shares in project companies.
“Two-way contracts for difference may be concluded for the routine operation of new nuclear power reactors. Support shall be subject to conditions regulated in agreements between the state and the company receiving support,” it added. These are aimed at reducing market risk.
The bill contains different scenarios for future electricity prices. In a scenario with lower electricity prices, it is assumed that the strike price is around SEK0.02 (USD0.002) per kWh higher than the electricity price.
The government noted that support may only be granted if the new reactors are located at the same location and have a total installed output of at least 300 MWe. “If there are special reasons, the government may decide to grant support even if the reactors have a total installed electrical output of less than 300 MW,” it said.
The new law is proposed to enter into force on 1 August this year.
Vattenfall – which aims to have a new reactor in operation at its Ringhals site in the mid-2030s at the earliest – welcomed the government’s proposals for risk sharing for new nuclear power.
“The state taking a clear role in financing is a basic prerequisite for it to be possible to invest in new nuclear power,” said Desirée Comstedt, the company’s head of new nuclear power. “The bill is therefore a crucial step on the path towards us being able to realise new nuclear power on the Värö peninsula near Ringhals. Nuclear power is not being built anywhere in the world without some form of government support.
“The next step is for us to read the bill to review what an application should contain and prepare to submit our application as soon as possible. Ultimately, the levels of the parameters in the model will of course be an important factor, but these levels are set later in the process, after we have submitted an application.”
Source: World Nuclear News
Three individuals have been arrested in Nigeria for allegedly vandalizing power line installations belonging to the Transmission Company of Nigeria (TCN) in Agbogugu, Enugu State.
The suspects were apprehended through a collaborative effort between community members and law enforcement agents on Sunday, March 24, 2025.
They were initially detained at the Agbogwugu police station in Ozalla, then transferred to the state’s Criminal Investigation Department (CID), and finally moved to prison after their first court appearance.
According to a statement issued by TCN, the company is working closely with the police to ensure the vandals face justice.
This incident underscores the importance of community vigilance and cooperation with law enforcement in combating vandalism.
TCN urged all host communities to remain vigilant and report suspicious activities to security operatives or the nearest TCN office.
TCN emphasized that vandalism is a serious offense affecting everyone, undermining the nation’s efforts to provide a reliable and efficient transmission grid.
The company called on all Nigerians to support their efforts in addressing the situation.
Source:https://energynewsfrica.com
The newly appointed British High Commissioner to Zambia, Her Excellency Rabecca Terzeon, has praised Zambia’s ongoing energy sector reforms and commended the government’s plans to establish the Zambia-Tanzania Interconnector.
This key project aims to enhance regional energy trade and stability.
During a courtesy call on the Minister of Energy, Hon. Makozo Chikote, MP, at the ministry’s headquarters in Lusaka, Terzeon acknowledged Zambia’s efforts to improve energy security, attract investment, and expand renewable energy sources despite existing challenges such as power deficits and infrastructure constraints.
She noted that the planned interconnector with Tanzania would be instrumental in strengthening cross-border electricity supply, boosting economic growth, and enhancing energy reliability across Southern and East Africa.
Minister Chikote emphasised the importance of Zambia engaging private sector investment to address energy challenges, particularly those caused by recent droughts that have affected hydroelectric power generation.
He highlighted the critical role of both public and private partnerships in creating sustainable energy solutions and enhancing the resilience of Zambia’s energy sector.
Minister Chikote welcomed the British envoy’s support and reaffirmed Zambia’s commitment to modernizing the energy sector.
He also discussed ongoing initiatives to expand hydro, solar, and other renewable energy sources while ensuring a stable and affordable power supply for the country.
Minister Chikote further emphasized the importance of regional energy projects, such as the Zambia-Tanzania Interconnector, in achieving long-term energy security.
Both parties expressed their commitment to strengthen their relationship.
Source:https://energynewsfrica.com
Shell has decided to scrap wind and solar power generation projects it had planned to build in Brazil, citing the unfavorable investment environment, per a Reuters report.
“We are always exploring ways to create value from our power generation portfolio, including exiting activities that do not fit into our strategy or do not generate sufficient returns,” the supermajor said in a statement, days after declaring a pivot away from alternative energy and a return to oil and gas as priority business areas.
Reuters noted in its report that wind and solar power projects in Brazil have suffered setbacks in the form of oversupply of energy, presumably from other sources, a challenging regulatory landscape, and weak growth in demand for those alternative energy sources.
According to official data from the Brazilian state gazette, Shell had approached the country’s energy regulator with a request for it to revoke Shell’s rights to operate several utility-scale solar power plants in central and northeastern Brazil.
Earlier this week, at its investor day, Shell said it would lower its capex range for 2025 to 2028 and it would invest $20-22 billion per year through 2028, down from a range of $22-25 billion per year announced in 2023. Last year, Shell’s cash capex was $21 billion.
The supermajor also said it aimed to increase cost cuts from between $2 and $3 billion this year to $5-7 billion by the end of 2028, while boosting shareholder returns via share buybacks and dividends.
Shell was one of the first European majors to pivot back to oil and gas in a 2023 strategy to continue investing in oil and gas production and selectively pour capital into alternative energy solutions, as these solutions underwhelmed in terms of investment returns. Since then, Shell has slowly but inexorably been shrinking its exposure to wind, solar, and the rest of the transition industries.
Source: Oilprice.com
Ghana’s national security has arrested eight Chinese nationals and a Ghanaian at a factory at Shai Hills, a suburb of Greater Accra, in the search for a missing containers containing electrical items belonging power distribution company, Electricity Company of Ghana.
A National Intelligence Bureau operative, who briefed a section of Ghanaian journalists, revealed that the agency received intel which led them to the company.
Upon arrival, they discovered that several Electricity Company of Ghana (ECG) cables had been vandalized, cut into pieces, and melted into liquid form.
The liquid metal was then molded into round aluminum bars, and some were powdered for export at high prices, according to the security officer.
Ghana underwent a government transition on January 7, 2025, following the December 7, 2024, Presidential and Parliamentary Elections.
During this transition, the outgoing government informed the incoming administration that ECG had procured electrical equipment loaded in 2,500 containers, which were stuck at the Tema Port.
After assuming office, President John Dramani Mahama appointed John Abdulai Jinapor as the new Minister for Energy and Green Transition. During a recent visit to Tema Port, it was discovered that some containers were missing, prompting the Minister to set up a committee to investigate.
The committee, chaired by Prof. Innocent Senyo Acquah, concluded its investigation and reported that 1,347 containers could not be accounted for.
National security then launched a search for the missing containers.
Source: https://energynewsafrica.com
Ghana’s Liquified Petroleum Gas (LPG) consumption witnessed a significant 7.25% increase in 2024, according to a report by the Chamber of Oil Marketing Companies (COMAC).
Total LPG consumption rose from 317,465,399 litres in 2023 to 340,492,293 litres in 2024.
The surge is attributed to the promotion of the Cylinder Recirculation Model (CRM), introduced in Ghana in September 2023, and the country’s adoption of LPG as a cleaner alternative to traditional wood fuels.
Efforts such as rural LPG promotions, distribution of cylinders to northern communities, and public education on safe usage have contributed to this growth.
The report highlights a significant increase in LPG adoption, particularly in urban areas, where usage rose from 28.9% in 2010 to 60% in 2023. Nationally, LPG usage has more than doubled, growing from 18.2% in 2010 to 44.1% in 2023.
However, rural areas continue to lag in LPG adoption, with usage increasing from 4.8% in 2010 to 18.7% in 2023.
The sharp rise in national LPG consumption, especially after 2020, reflects increased accessibility, availability, and government policies promoting clean cooking fuels.
Despite this progress, disparities between urban and rural adoption of LPG use highlight the need for further interventions to expand access and affordability.
Source:https://energynewsafrica.com
The Accra West Region of the Electricity Company of Ghana (ECG) has intensified its crackdown on unauthorised electricity connections at customer premises in the region.
The move aims at reducing commercial losses and recouping lost revenue for the company.
To this end, the region has set up a special task force to visit customers in the region to audit the state of installed meters and other electrical connections in their facilities.
The Ag. General Manager for ECG Accra West Ing. Emmanuel Ankrah, revealed that the special task force comprises of technical staff specially trained to identify all forms of illegality at customer premises.
He warned that all customers who are identified to have engaged in illegalities will be disconnected, surcharged to pay a punitive amount and reported to the police for prosecution.
“Customers are advised to desist from conniving with self-styled employees of ECG, or electricians who interfere with our meter installations and illegally connect customers to the grid. Such actions deny the ECG of much needed revenue, negatively affecting the quality of services provided to customers,” Ing. Ankrah said.
He further warned that “to all who have done illegal connections, we will identify you and recover the value of all the power you have used for free, with penalty.”
During a three-month pilot of the revenue protection exercise from September to December 2024, 374 customers were arrested for engaging in various forms of illegality. In total, 3.3Gwh of power, amounting to GH¢7,411,462.00 was recovered.
The Accra West Revenue Protection Manager, Dr. Mark Owusu Ansah, revealed that the alarming figure from the pilot shows the gravity of the challenge of illegal connections.
He reiterated the commitment of the task force to visit all customer premises in the region, and promised to create an unfriendly environment for all customers who want to engage in illegal connections.
“We regard persons who engage in illegalities as thieves who steal power from us and deny us revenue. We are, therefore, leaving no stone unturned to identify such criminals and root them out,” he said.
Some forms of illegality that were identified during the pilot exercise included direct service connections, meter bypass, meter tampering, and unauthorised service connections.
The Accra West region of ECG has eight operational districts. These are Ablekuma, Achimota, Amasaman, Bortianor, Dansoman, Kaneshie, Korle-bu and Nsawam.
Source:https://energynewsafrica.com
Ghana’s national consumption of petroleum products increased to 6,459,000,000 liters in 2024, up from 5,496,000,000 liters in 2023, according to the Chamber of Oil Marketing Companies (COMAC) 2024 Annual Report.
This represents a 17.53% increase.
The transport sector emerged as the highest consumer of petroleum products, followed by industry, residential, agricultural, and service sectors.
Gasoline was the most consumed petroleum product in 2024, accounting for 49.35% of total national consumption, followed by diesel, which represented 36.11%.
Gasoil contributed 5.65%, while LPG (Butane) accounted for 5.27% of overall consumption.
The report noted significant fluctuations in petroleum products consumption between 2023 and 2024. Gasoline consumption increased by 15.72%, Liquified Petroleum Gas (LPG) rose by 7.25%, and premix recorded a 12.29% growth. In contrast, kerosene experienced a significant decline of 31.17%.
Gasoline remained the primary fuel for transportation, particularly in the private and small-scale public transport sectors. The report attributed the rising gasoline consumption to the dominance of petro-powered vehicles, which accounted for 75% of registered vehicles in Ghana by the end of 2024.
Regarding fuel standards, the National Petroleum Authority (NPA) and the Ghana Standards Authority (GSA) reviewed the national standard for gasoline, reducing the maximum allowable manganese levels in regular gasoline from 18mg/L to ensure higher fuel quality for consumers.
Source: https://energynewsafrica.com
Five African countries have tapped into Kenya Electricity Generating Company’s (KenGen) technological expertise and decades-old experience in geothermal exploration to assist them in harnessing and transitioning to green energy, the Kenya News Agency has reported, quoting KenGen Managing Director.
The move is in line with commitments to the Paris Climate Agreement (2015), which seeks to enable countries to reduce their carbon emissions footprints, limit global temperatures to below 2 ‘Celsius and reverse climate-induced calamities.
KenGen years of geothermal exploration have seen Kenya lead its African peers by generating 754 MW of geothermal power with plans to double it to 1,500 MW by 2034.
The remarkable achievement has seen Tanzania, Ethiopia, Djibouti, Zambia and E-Swatini tap its expertise to accelerate their transition to green energy power sources, especially geothermal power.
According to the Managing Director of KenGen Eng. Peter Njenga, his outfit has been awarded exploration rights in Zambia and Tanzania while drilling is ongoing in Ethiopia, Djibouti and E-Swatini.
Dr. Njenga said KenGen will deploy its technological support and decade’s old expertise to assist the individual countries transition to clean energy sources following Kenya’s remarkable footsteps.
Speaking in Naivasha, Njenga said the company is on course in rehabilitation of the old Olkaria 1 power plant which once complete will see it increase its power generation from the current 45MW to 63MW.
“The rehabilitation of the old Olkaria 1 power plant is 50 percent complete and it aims to add 18 MW more to our national grid from current 45 MW to 63 MW by 2026,” said Njenga.
Njenga said KenGen supplies 60 percent of Kenya electricity needs every day adding that the company is committed to expand its wings to meet the growing demand for steady power supply for households and industries.
In addition, Njenga said that KenGen is seeking funding from investors to realize its 10-year strategic plan (2024-2035) which aims to increase green energy power generation to 1,500 MW and ensure the country’s energy mix is 100 percent green.
Njenga said with only 1,000 MW of geothermal energy power being tapped out of the 10,000 MW potential, KenGen will partner with other agencies, including Geothermal Development Company (GDC) to explore more sources in Menengai, Suswa, and Eburru among others to achieve the ambitious targets.
The MD said the company’s Green Energy Park at Olkaria in Naivasha that aims to power industrial large-scale development has attracted 10 investor bids where they access steady, more reliable, cheaper green energy to drive their operations.
He said the 342-hectare park has already been launched with the government breaking ground for the construction of sh100B data centre by Konza Technopolis and Microsoft, running on 100 percent geothermal energy.
Currently, the country’s energy installed capacity stands at 1726 MW, consisting of 754MW of geothermal, 826MW hydro, 120MW thermal and 25 MW wind.
On the transition to tapping clean energy use and reducing carbon emissions footprints in the environment, KenGen has also started plans of changing its fuel-driven fleet to green-powered ones.
Source: https://energynewsafrica.com
The Acting Chief Executive Officer of Ghana National Gas Company, Judith Adjobah Blay, has urged management to support her plans to reduce waste and increase efficiency.
Speaking at her first face-to-face meeting with management at the Operational Headquarters of Ghana Gas at Alabokazo in the Western Region, Madam Blay emphasized the need to cut costs without compromising essential operations like maintenance.
“I will not cut cost when it’s for maintenance or where my managers advise I don’t go there, but there are some places that I know that we waste a lot and I think that together, we can commit to that crusade of cutting down on some of these wastage so that we make Ghana Gas sustainable.
“We are hoping that there would be more production so that our gas inflows would considerably increase but we should know that the resource is finite and that is where the cost cutting comes in.
“This is because we have to think about how to sustain our business so that we can enjoy. We have to tighten up small or suffer small so that in the future, we can pay ourselves the salaries or even better,“ said Madam Blay, according to citinewsroom.com.
The first female CEO of the Ghana National Gas Company, while expressing her belief in the competences of the managers and her readiness to work with them, further urged her management members not to let their loyalty be to her but Ghana Gas and Ghana for the sake of the company.
“I’m happy to be here to lead you, but you need to let your loyalty be to Ghana Gas and not to me, because my position is transient. I will be gone tomorrow, so if you let your loyalty be for me, what happens after I’m gone? So let your loyalty be to the company that pays you and not me. When you are at the plant working, work as your life depends on Ghana Gas and not me“, she emphasized.
Source:https://energynewsafrica.com
The African Energy Chamber (AEC) – serving as the voice of the African energy sector – strongly supports the successful closing of the first tranche of external financing for the East African Crude Oil Pipeline (EACOP) project.
This milestone represents a crucial step in unlocking the region’s oil export potential, accelerating economic growth and ensuring energy security for East Africa.
The AEC commends EACOP Ltd. and its financial partners, including Afreximbank, Standard Bank of South Africa, Stanbic Bank Uganda, KCB Bank Uganda and the Islamic Corporation for the Development of the Private Sector, for demonstrating confidence in the future of East African energy markets.
The successful securing of financing underscores the critical role that private sector investments and regional banking institutions play in driving large-scale energy infrastructure projects.
By mobilizing significant financial resources, this achievement reflects growing investor confidence in East Africa’s oil and gas sector and the commitment to advancing infrastructure projects that will create jobs, boost local industry participation and support economic transformation across the region.
The AEC encourages further engagement from financial institutions to sustain momentum in delivering this game-changing project.
Once completed, the EACOP will serve as a vital conduit for Uganda’s crude oil exports, strengthening the country’s position as a competitive oil producer while creating new opportunities for Tanzania and the broader region.
With a capacity of 246,000 barrels per day, the 1,443-km pipeline is set to become the longest heated crude oil pipeline in the world, adhering to the highest environmental and social standards.
The AEC recognizes the project’s potential to catalyze additional energy investments and infrastructure development, contributing to a more integrated and prosperous East African energy landscape.
“The successful financing of EACOP is a clear testament to the confidence that investors and financial institutions have in Africa’s energy future. This project is a game-changer for East Africa, and we will continue to support initiatives that drive sustainable energy development across the continent,” states NJ Ayuk, Executive Chairman of the AEC.
The Chamber reaffirms its commitment to advocating for investment-friendly policies that enable projects like EACOP to thrive. As East Africa moves toward first oil production, we call on all stakeholders – including governments, investors and development partners – to continue fostering an enabling environment that supports long-term energy security, industrialization and sustainable economic growth.
The AEC stands ready to collaborate with industry players to ensure that Africa’s energy resources deliver maximum benefits for its people.
Source: Energy Chamber
Russian engineers have successfully completed one of the most critical stages in the construction of Egypt’s first nuclear power plant — the final welding of the reactor pressure vessel for Unit 1 of the El Dabaa nuclear power plant (NPP).
The work was carried out at the Izhora Plant in St. Petersburg, a key facility of Rosatom’s Mechanical Engineering Division.
The welding process took ten days to complete, with the joint area maintained under constant heat throughout, according to a statement issued by Rosatom.
Approximately two tons of flux and over 1.5 tons of specialized welding wire were utilized to join the massive components of the VVER-1200 reactor vessel.
With the welding now complete, the vessel will undergo heat treatment, followed by comprehensive inspections – including X-ray, ultrasonic, and penetrant testing – to ensure it meets the highest safety and durability standards. This rigorous quality control is crucial for a reactor designed to operate safely for a minimum of six decades.
The El Dabaa NPP will consist of four power units, 1200 MW each, with pressurised water reactors of Russian class VVER-1200.
This is an evolutionary design which fully complies with all international safety requirements and has the potential to modify the energy landscape of the entire African continent.
Russia is actively developing scientific and technical cooperation with all interested countries.
The implementation of major international projects also continues. Rosatom and its divisions take an active part in this work.
One such project is the Akkuyu Nuclear Power Plant in Turkey.
The plant will feature four power units equipped with Generation 3+ VVER reactors of Russian design, each with a capacity of 1200 MW.
Akkuyu NPP is the first project in the global nuclear industry being implemented according to the Build-Own-Operate model. Earlier this year, the first standby diesel power plant at Unit 1 was successfully launched — a key safety system designed to provide autonomous power to the unit’s core infrastructure in the event of a main supply shutdown.
Source: https://energynewsafrica.com
The Acting Chief Executive of the National Petroleum Authority (NPA), Godwin Kudzo Tameklo Esq., says in its bid to implement the 24-hour economy in the petroleum sector, the NPA will collaborate with various security agencies to ensure the safety of consumers and personnel at fuel stations across the country.
Speaking at a special meeting with the Eastern Regional Minister, regional security heads, and key stakeholders at the Eastern Regional Coordinating Council RCC, in Koforidua on Wednesday, Mr. Tameklo emphasized the importance of strict regulation and enforcement to protect the petroleum downstream industry from criminal activities.
He said the petroleum sector was highly susceptible to criminal activities, including fuel smuggling, illegal siphoning, and fraudulent transactions.
The NPA Boss noted that fuel was a legitimate but highly valuable commodity, making it a target for illicit activities.
“We needed the active involvement of the National Intelligence Bureau (NIB), alongside the NPA’s intelligence unit and other security agencies like the Police, Customs, and Fire Service to combat all forms of fuel-related crimes,” he said.
Mr. Tameklo hinted at the NPA’s future plans to take the security agencies through specialized training programs to enhance their capacity in tackling petroleum-related offenses. He indicated that the government’s plan to roll out a 24-hour economy could only be successful if the security and safety of consumers and petroleum workers were assured.
“Petroleum is a hazardous product, and we cannot afford to overlook safety concerns.”
“The NPA worked closely with the Fire Service and other security agencies to ensure the highest levels of safety and security,” he emphasized.
The call by the NPA Boss for security collaboration was crucial given the vulnerability of some filling stations during the closing periods of the night.
Earlier this month, it was reported that masked armed robbers had attacked the Kansaworodo branch of the Total fuel station in the Sekondi-Takoradi Metropolis of the Western Region at dawn.
Fortunately, the keys to the safe were with the manager, who was not at the premises at the time of the incident, and so the robbers could not get their booty.
Godwin Edudzi Tameklo Esq., Acting Chief Executive Officer of National Petroleum Authority, NPA.
The Eastern Regional Minister, Ms. Rita Akosua Adjei Awatey, pledged the support of the Regional Coordinating Council (RCC).
She assured the Authority of her full cooperation in ensuring that the NPA’s efforts to ensure safety and compliance with regulations in the petroleum sector were successful in the Eastern Region.
She also proposed integrating the Regional Security Council (REGSEC) into the NPA’s operations across all regions to strengthen security and enhance collaboration. She commended the NPA’s commitment to consumer protection and regulatory enforcement.
The meeting concluded with a call for deeper collaboration between the NPA, security agencies, and regional authorities to strengthen safety, enforcement, and regulatory compliance in the petroleum industry.
Source: https://energynewsafrica.com