The National Petroleum Authority has directed all Oil Marketing Companies and LPG Marketing Companies to strictly comply with new price floors set for the next pricing window, warning against undercutting or excessive pricing.
In a notice to the industry, the NPA said the price floors represent the minimum allowable price under Ghana’s deregulated pricing regime.
OMCs and LPGMCs are permitted to add competitive margins above the floor.
“The NPA will continue to monitor the industry to ensure that no marketing company undercuts the floor or overcharges beyond reasonable competitive limits,” the Authority stated.
The directive is part of the NPA’s mandate to enforce compliance and promote healthy competition in the downstream petroleum sector.
The new price floors take effect this Friday, May 1, 2026, and will remain in force until the next bi-monthly review scheduled for May 15, 2026.
Under the current system, the NPA sets the floor every two weeks after assessing global crude prices, exchange rates, and import costs. OMCs then set ex-pump prices based on their cost structures and margins, but cannot sell below the published floor.
The Authority said it will intensify surveillance at retail outlets to enforce compliance throughout the pricing window.
