The Ministry of Energy and Green Transition has announced the suspension of the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), which was scheduled to impose additional charges of GH₵1 on petrol and diesel and 20 pesewas on liquefied petroleum gas (LPG).
This decision to suspend the D-levy, as stated by the Ministry, stems from recent increases in global oil prices, mainly due to the ongoing Israel-Iran conflict, and aims to protect consumers from rising fuel expenses.
In an interview with Channel One TV on Saturday, June 14, Richmond Rockson, the Spokesperson and Head of Communication at the Ministry, elaborated on the government’s stance regarding current market fluctuations.
“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,” he stated.
Mr. Rockson highlighted that the delay for the implementation of the D-levy is linked to various domestic and international factors, including the current Israel-Iran conflict.
“From February till date, a windfall was experienced on the fuel market as a result of the prudent management of the exchange rates, which has brought fuel prices from an average of GH₵17 to an average of GH₵11 or GH₵12, depending on which Oil Marketing Company (OMC) you buy from,” he said.
He also noted the impact of recent geopolitical events on global oil prices.
“In fact, in 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 remarked.
To address the ongoing challenges, the government has instructed key ministries to stay alert.
“The President has directed the Ministers of Energy and Finance to keep monitoring the situation. So, they will keep monitoring, and as and when the factors look favourable, definitely, a new date will be announced,” he assured.
