The Institute for Energy Security (IES) has called on the National Petroleum Authority (NPA) to enforce its “price floor” and “price uniformity” policies more strictly to protect Ghana’s downstream petroleum market.
IES, in a statement on January 25, 2026, highlighted compliance and pricing integrity issues, which it says could threaten the sector’s long-term sustainability.
The IES aligned with the Chamber of Oil Marketing Companies (COMAC), noting that the market is over-licensed, with many dormant or non-compliant firms.
It also reported instances where some oil marketing companies (OMCs) were selling petrol below the NPA’s floor price of Ghs9.80 per litre, a clear policy breach.
“Any pricing below the floor, however marginal, is a serious regulatory violation, as it undermines the authority and credibility of the NPA, confers unfair competitive advantage on non-compliant players, signals possible tax and levy evasion, and exacerbates systemic financial fragility within the sector,” the IES stated.
The institute also raised concerns about selective discounting, which undermines the NPA’s Price Uniformity Policy and the equity function of the Unified Petroleum Pricing Fund (UPPF).
The IES urged the NPA to investigate and sanction any OMCs found pricing below the floor, enforce price uniformity, clean up the licensing regime, and strengthen monitoring at the retail level.
The institute emphasized that the price floor is a stabilizing instrument, not a temporary measure.
It warned that without consistent enforcement and structural reform, the downstream petroleum market risks a destructive “race to the bottom,” harming consumers and compliant companies.
Find below the statement
