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NPA increases price floor from September 1; Petrol to sell at GH¢14.53, diesel at GH¢15.60

This is because the National Petroleum Authority (NPA) has increased the price of petroleum products that will be sold on the market from September 1 to 16, 2026.

NPA increases price floor from September 1; Petrol to sell at GH¢14.53, diesel at GH¢15.60

On September 1, 2026, the National Petroleum Authority (NPA) will raise the price floor for petroleum products, leading to an increase in prices at the pumps. Petrol will cost GH¢14.53 per litre, while diesel will be priced at GH¢15.60 per litre. This marks a 4.38% and 2.69% increase, respectively, compared to the previous rates.

LPG prices will decrease from GH¢10.98 to GH¢10.85 per kilogramme. The NPA has instructed industry players to sell petroleum products at or above the approved price floor during the pricing window but have clarified that this does not include premiums from International Oil Trading Companies (IOTCs) or operating margins from BIDCs, marketers, and dealers.

The impact on pump prices may not be immediate, as some OMCs have assured that prices will remain unchanged at the pumps. However, prices are likely to rise as most OMCs are pricing above the price floor. It remains uncertain whether the government will extend the diesel subsidy to other petroleum products, which was announced on August 3, 2026 for one month only.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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