Gov’t, COMAC Agree to Defer Implementation of GHS 1 Energy Sector Levy to June 16
The implementation of the GHS 1 Energy Sector Levy on each litre of petrol has been deferred to Monday, June 16, 2025, following an agreement between the government and the Chamber of Oil Marketing Companies (COMAC).
Originally scheduled to take effect on June 9, the postponement follows stakeholder consultations involving the Ministry of Energy and Green Transition, Ministry of Finance, National Petroleum Authority (NPA), and the Ghana Revenue Authority (GRA).
“The Chamber of Oil Marketing Companies (COMAC) wishes to formally acknowledge and commend the Ministry of Energy and Green Transition, the Ministry of Finance, the National Petroleum Authority and the Ghana Revenue Authority for the constructive engagements held, regarding the implementation date of the new Energy Sector Levies Act 2025 (Act 1141),” stated Dr. Riverson Oppong, CEO of COMAC.
“Following our consultations and collaborative efforts, we are pleased to announce our alignment and satisfaction with the revised implementation date for the new Energy Sector Shortfall and Debt Repayment Levy (ESSDRL). The new effective date is now confirmed as Monday, 16th June 2025, replacing the initially communicated date of 9th June 2025,” he added.
COMAC, which had earlier raised concerns over the lack of prior consultation on the levy, noted that the new decision demonstrates the importance of stakeholder engagement and constructive dialogue.
“We extend our gratitude to all relevant institutions for their commitment to ensuring a smooth and sustainable implementation of the levy,” the statement concluded.
The GHS 1 per litre levy, introduced under the Energy Sector Levies Act 2025 (Act 1141), is expected to support shortfall financing and debt repayment in the energy sector.
