Sentences with phrase «ex-pump price of petroleum products»

«And in three years, since this government took over, all we have seen is price escalation, even at the time when in many other jurisdictions, in many other countries prices of petroleum products are falling.

The GRTCC says the hike in fares was as a result of the increase in the prices of petroleum products on January 4, 2016.

Prices of Petroleum products shot up Monday by 27 %, a move that has prompted the Ghana Private Roads Transport Union (GPRTU) to announce that it will increase transport fares this week.

The General Transport, Petroleum and Chemical Workers» Union (GTPCWU), has kicked against a recently imposed 25 % hike in price of petroleum products.

Curiously, the hike in the price of kerosene came at a time when the price of crude oil had dropped to record low, with the price of petroleum products, such as kerosene, fuel and diesel, among others, dropping significantly in a number of countries, like the United States.

Former President John Mahama has criticized the Akufo - Addo government for its inability to stabilize the price of petroleum products to the satisfaction of Ghanaian consumers.

The energy sector levy introduced by government has triggered an almost 30 percent increase in the price of petroleum products since January 1.

Speaking to Citi News, the Executive Director of COPEC, Duncan Amoah, called on government to review prices of petroleum products.

The National Democratic Congress (NDC) Flagbearer, President John Mahama, has no plans to reduce the price of petroleum products ahead of the 2016 elections.

This is according to the Campaign Coordinator of the NDC's 2016 Campaign, Kofi Adams, who denied assertions by the New Patriotic Party (NPP), that President Mahama is set to reduce prices of petroleum products in a...

The New Patriotic Party presidential candidate, Nana Akufo Addo has said that the National Democratic Congress government will soon announce a reduction in the prices of petroleum products.

The Ministry of Petroleum has faulted reports that the Federal Government is planning to jerk up the pump price of petroleum product in the country.

The Act, which seeks to realign petroleum - related taxes by adjusting some of the levies and abolishing others, led to some changes on the ex-pump price of petroleum products.

People don't have money and the last thing government would want to do in a New Year is to increase the prices of petroleum products.

«It is politically imprudent for government to increase the prices of petroleum products especially going into an election year.

«We, therefore, urge Nigerians to reject this plot to raise the prices of petroleum products even as they gear towards using the next election to end the misrule of the APC.»

Hundreds of commercial drivers and consumers of petroleum products are expected to hit the streets of Accra today [Wednesday], to demonstrate over what they describe as the persistent increases in the prices of petroleum products.

According to them, the last five months have witnessed a persistent increase in the prices of petroleum products with corresponding hardships these increases often come with.

Meanwhile, Alhassan Suhuyini is certain that the governing NPP has failed Ghanaians who voted overwhelmingly for the party based on promises such as an improved economy, reduction in the price of petroleum products and a myriad of other promises.

Hundreds of commercial drivers and consumers of petroleum products converged on the Obra Spot at the Kwame Nkrumah Interchange in Accra to protest what they describe as the persistent hikes in the prices of petroleum products.

Reiterating the position of the National Petroleum Authority (NPA), Senyo Hosi said the current ex-pump price of petroleum products appropriately fits into the dictates of external factors that determine the pricing of the commodity.

File photo The CEO of Ghana Chamber of Bulk Oil Distributors says prices of petroleum products have not gone up...

The National Petroleum Authority (NPA) has received notice of an intended demonstration by the Chamber of Petroleum Consumers (COPEC) and Industrial and Commercial Workers Union (ICU) ostensibly in response to recent increases in price of petroleum products at the pump by some selected Oil Marketing Companies.

Not exact matches

The Saudi body also attributed the rise in wholesale price index to a 33.6 % hike in the prices of other goods after the prices of refined petroleum products surged 93.6 %, while pulp and paper prices increased 9.7 %

Unregulated petroleum products form 3.7 percent of the consumer price inflation basket.

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Executive Secretary of the PPPRA, Mr. Farouk Ahmed, who made the announcement, said the reduction in the price of the commodity was due to an implementation of the revised components of the Petroleum Products Pricing Template for PMS and household kerosene.

Omisore, however, explained that at the public hearing on the National Roads Fund Bill, the stakeholders were unanimous on the need to access a percentage of the funds for sustainable maintenance of roads from the pricing template of petroleum products.

Asked when the Federal Government would release the new price temperate of the Petroleum Product Pricing Regulation Agency (PPPRA), he said that he approved the new price for the agency on Thursday.

In a bid to rejig key parastatals in the petroleum industry ahead of the reforms, President Goodluck Jonathan Tuesday announced the appointments of Mr. Reginald Chika Stanley as the new Executive Secretary of the Petroleum Product Pricing Regulatory Agency (PPPRA) and Mr. Osten Oluyemisi Olurunsola as new head of Department for Petroleum Resourcpetroleum industry ahead of the reforms, President Goodluck Jonathan Tuesday announced the appointments of Mr. Reginald Chika Stanley as the new Executive Secretary of the Petroleum Product Pricing Regulatory Agency (PPPRA) and Mr. Osten Oluyemisi Olurunsola as new head of Department for Petroleum ResourcPetroleum Product Pricing Regulatory Agency (PPPRA) and Mr. Osten Oluyemisi Olurunsola as new head of Department for Petroleum ResourcPetroleum Resources (DPR).

He said Total Petroleum Ghana Limited was focusing its efforts to offer the best quality in terms of products and services at the most competitive prices to ensure customer satisfaction.

Crude oil price accounts for about 80 per cent of the final cost of fuel, the PPPRA said, in its framework for petroleum products supply, distribution and pricing.

In his reaction to the pricing of petrol, the General Secretary of the Nigeria Labour Congress (NLC) and member of the Petroleum Products Pricing Regulatory Agency (PPPRA), Dr Peter Ozo - Eson, said labour would oppose any price incpricing of petrol, the General Secretary of the Nigeria Labour Congress (NLC) and member of the Petroleum Products Pricing Regulatory Agency (PPPRA), Dr Peter Ozo - Eson, said labour would oppose any price incPricing Regulatory Agency (PPPRA), Dr Peter Ozo - Eson, said labour would oppose any price increment.

Current figures from the petroleum industry show that, prices of the two products at the various fuel stations have hit all time high, with petrol selling at an average of GHc4.29 at the pumps, and diesel going for an average of GHc4.23 per litre,...

Newsmen report that, DPR and the Ministry of Petroleum Resources have consistently debunked product scarcity and any hike in pump price.

As high cost of petrol pump price cripples economic activities in Akwa Ibom state, the leadership of the state Chapter of Independent Petroleum Marketers Association of Nigeria (IPMAN), has accused Major Oil Marketers Association of Nigeria (MOMAN) for the high cost of the product in the state

It received robust support from relevant regulatory agencies like the Department of Petroleum Resources (DPR), Petroleum Products Pricing and Regulatory Agency (PPPRA) and Petroleum Equalization Fund (PEF) as well as security agencies, especially the Civil Defense Corps, the Nigerian Police Force and the Department of State Security (DSS).

Overall, the price tag of the pipeline, which would carry 200,000 gallons of crude oil from Albany to refineries in Linden, N.J. and finished petroleum products the other way, is estimated at about $ 550 million.

The 15 % SPT slapped on petroleum products, at the time, was aimed at shoring up dwindling revenues due to the falling price of crude on the international market.

On Wednesday February 7, 2018 the Chamber of Petroleum Consumers (COPEC) embarked on a demonstration together with the Industrial and Commercial Workers Union (ICU) to register their displeasure with increasing prices on petroleum Petroleum Consumers (COPEC) embarked on a demonstration together with the Industrial and Commercial Workers Union (ICU) to register their displeasure with increasing prices on petroleum petroleum products.

Plc, Bank of Industry and Petroleum Products Pricing Regulatory Agency.

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Gasoline indirect cost calculated based on International Center for Technology Assessment (ICTA), The Real Price of Gasoline, Report No. 3 (Washington, DC: 1998), p. 34, and updated using ICTA, Gasoline Cost Externalities Associated with Global Climate Change: An Update to CTA's Real Price of Gasoline Report (Washington, DC: September 2004), ICTA, Gasoline Cost Externalities: Security and Protection Services: An Update to CTA's Real Price of Gasoline Report (Washington, DC: January 2005), Terry Tamminen, Lives Per Gallon: The True Cost of Our Oil Addiction (Washington, DC: Island Press, 2006), p. 60, and Bureau for Economic Analysis, «Table 3 — Price Indices for Gross Domestic Product and Gross Domestic Purchases,» GDP and Other Major Series, 1929 — 2007 (Washington, DC: August 2007); U.S. Department of Energy (DOE), Energy Information Administration (EIA), This Week in Petroleum (Washington, DC: various issues).

The vast majority of spending classed as subsidy was artificial pricing for consumer purchase of petroleum products, with Iran being one of the largest subsidizers, Venezuela another.

The technical and economic viability of this technology is currently being investigated in several commercial products in the U.S. Because of the unrealistically low price of petroleum, both routes are currently only competitive with governmental support.

Based on its proprietary software and underpinned by an extensive library of petroleum market data, Kalibrate's products enable clients to devise new market entry strategies, plan and refine existing petroleum retail networks, and react to petroleum pricing changes on a real - time basis.

According to the Canadian Petroleum Products Institute - the same source of data the CCPA uses - taxes make up 35 per cent of the price of a litre of gas sold in Canada.

«In the event Dana is unable to export and market the LPGs, Condensates by any act or omission of government (including foreign neighbouring governments) and / or for political reasons beyond the control [of] Dana then the KRG shall purchase and lift (or arrange for the lifting by the domestic companies / users) and pay for the liquid petroleum products at international FOB Med market prices as quoted by Platts Oilgram Report or similar journals within 30 days from the month ends».