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The Ghana Revenue Authority (GRA) has announced a revised implementation date for the Energy Sector Shortfall and Debt Recovery Levy, following strong opposition from oil marketing companies.
Initially set to begin on Monday, June 9, 2025, the GHS1-per-litre levy faced backlash from the Chamber of Oil Marketing Companies (COCMAC), which expressed concerns over its timing and the potential ripple effects on fuel prices and consumer costs.
In a statement to Citi News, the GRA revealed that the decision to delay the implementation was made after constructive dialogue with industry stakeholders. “The Association raised concerns about the June 9 start date. Following discussions in a spirit of partnership and mutual understanding, we have agreed to reschedule the rollout to June 16,” the Authority confirmed.
The levy is part of broader government efforts to address the growing financial burden within the energy sector. However, industry players have criticized the move, arguing that the measure was introduced without sufficient stakeholder engagement and could further destabilize the already fragile downstream petroleum market.
Updated Levy Rates
Effective June 16, the revised levy will apply to all petroleum products lifted from that date forward. Below are the new rates:
- Super Petrol (Motor Spirit): GHS1.95 per litre (up from GHS0.95)
- Diesel and Marine Gas Oil (Foreign): GHS1.93 per litre (up from GHS0.93)
- Marine Gas Oil (Local): GHS0.23 per litre (up from GHS0.03)
- Residual Fuel Oil (RFO): GHS0.24 per litre (up from GHS0.04)
- Partially Refined Oil (Naphtha): GHS1.95 per litre (up from GHS0.95)
- Liquefied Petroleum Gas (LPG): GHS0.73 per litre (unchanged)
Transitional Guidelines
To ensure a smooth transition, the GRA has outlined the following measures:
- Products lifted by Petroleum Product Marketing Companies (PPMCs) before June 16 will be taxed based on the old levy structure.
- For “cash-and-carry” transactions, any products lifted on or after June 1, 2025, will attract the new levy rates.
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