NPA raises fuel price floor from GHC9.00 to GHC10.00

The National Petroleum Authority (NPA) has officially increased the minimum price levels or price floors for petroleum products for the second pricing window of February, effective today.

In its latest release on February 16, 2026, no Oil Marketing Company (OMC) is permitted to sell petrol below 10 cedis, 24 pesewas per litre. This is up from 9 cedis, 99 pesewas recorded during the first pricing window of the month.

The price floor of Diesel has also seen an increase, moving from 10 cedis, 95 pesewas to 11 cedis, 34 pesewas per litre for the same period and the price floor for Liquefied Petroleum Gas, LPG, has also been raised to 9 cedis, 43 pesewas per kilogram.

The NPA’s directive means that any OMC or LPG Marketing Company selling below the newly approved thresholds must immediately adjust prices to comply.

The move could force several companies to increase pump prices, including those that had planned to maintain previous rates amid market competition.

Meanwhile, the Chamber of Oil Marketing Companies has reminded its members to strictly adhere to the established price floors under the Petroleum Products Pricing Guidelines.

The Chamber clarified that the approved price floors do not include premiums charged by International Oil Trading Companies, operating margins of Bulk Import, Distribution and Export Companies, as well as marketers’ and dealers’ margins.

It added that, those costs will be determined independently by the respective companies.

According to the Chamber, compliance is critical to maintaining market stability, protecting consumers, and ensuring fairness across the downstream petroleum sector.