The Ghana Revenue Authority (GRA) has revised the implementation of the controversial Energy Sector Shortfall and Debt Repayment Levy following stiff resistance from oil marketing companies.

Originally scheduled to take effect today(Monday June 9,) a new implementation date of June 16,2025 has been agreed upon.

The GHC1-per-litre levy faced rejection from the Chamber of Oil Marketing Companies (COMAC), who raised concerns over its timing and potential impact on fuel prices and consumer burden.

The GRA confirmed that after consultations and “in the spirit of cordiality and partnership,” a new implementation date of June 16 has been agreed upon.

The GRA explained that the Association has concerns with the June 9 implementation date.

The levy is part of government measures to settle mounting debts in the energy sector, but industry players argue that they were not adequately consulted and that the rollout risks further destabilising the already volatile downstream petroleum market.

Background

The GRA announced new levy rates on petroleum products under the revised Energy Sector Levies Act, 1141 of 2025.

The announcement was made through a Tariff Interpretation Order which seeks to clarify and enforce the implementation of the Energy Sector Levies (Amendment) Act.

The Act was introduced to raise additional revenue to address energy sector shortfalls, reduce legacy debts, and stabilise the country’s power supply.

The GRA directive outlines significant increases in the Energy Sector Shortfall and Debt Repayment Levy on a range of petroleum products, including petrol, diesel, marine gas oil, and heavy fuel oil.