OMCs to implement GH¢1.0 Energy Sector Levy from June 16

• Posted on June 9, 2025June 9, 2025
• by Nana Kwesi Coomson
• Comment

The government and the Chamber of Oil Marketing Companies (COMAC) have agreed to begin implementing the GH¢1.0 Energy Sector Levy on each litre of petrol from Monday, June 16, 2025 instead of June 9, 2025.

This was after an agreement was made among the stakeholders, including the Ministry of Energy and Green Transition and the Ministry of Finance.

“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)”, a statement signed by its Coordinator, Dr. Riverson Oppong disclosed.

“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”, it mentioned.

It continued that the decision reflects the value of dialogue, partnership, and engagement among stakeholders.

“We extend our gratitude to all relevant institutions for their commitment to ensuring a smooth and sustainable implementation of the levy”, it added.

COMAC had earlier expressed dissatisfaction with the lack of consultations by the government before the announcement of the levy.