The Ghana Revenue Authority (GRA) has announced the implementation of new petroleum levy rates effective June 9, 2025, as part of the government’s efforts to bolster revenue mobilisation for the energy sector.
The revised rates, introduced under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), aim to generate additional revenue to support the country’s energy sector, including settling legacy debts and ensuring power supply stability.
According to the GRA, the levy on key petroleum products has nearly doubled in most cases. Petrol, for instance, will attract a levy of GH¢1.95 per litre, up from GH¢0.95, while diesel will see its levy increase from GH¢0.93 to GH¢1.93 per litre. Other products, including Local Marine Gas Oil and Heavy Fuel Oil, will also see significant increases.
The GRA has clarified that all petroleum products lifted by a Petroleum Product Marketing Company (PPMC) before June 9 will continue to attract the old levy rates. However, any products lifted from June 9 onwards, including those paid for under cash-and-carry arrangements as of June 1, will fall under the new rates.
In a statement signed by Commissioner-General Mr. Anthony Kwasi Sarpong, the GRA directed all ports and fuel stations nationwide to strictly comply with the new rates.
The move aligns with government efforts to improve revenue mobilisation for the energy sector, amid growing fiscal demands and commitments under the revised Energy Sector Levies framework.
The new levy rates are as follows:
– Petrol (Motor Spirit, Super): GH¢1.95 per litre, up from GH¢0.95
– Diesel (Gas Oil): GH¢1.93 per litre, up from GH¢0.93
– Local Marine Gas Oil: GH¢0.23 per litre, up from GH¢0.03
– Heavy Fuel Oil (RFO): GH¢0.24 per litre, up from GH¢0.04
– Naphtha (partially refined oil): GH¢1.95 per litre, doubling from GH¢0.95
– LPG (Liquefied Petroleum Gas): remains unchanged at GH¢0.73
The implementation of the new levy rates is expected to have a significant impact on the energy sector, with the government anticipating additional revenue to support the sector’s stability and growth.
