The Chamber of Oil Marketing Companies (COMAC) has directed all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) to strictly adhere to the approved ex-pump price floors for the second petroleum pricing window of February 2026.
A formal notice signed by the CEO of COMAC Dr. Riverson Oppong, Directs OMCs to Strictly Adhere to New Fuel Price Floors for February 16–28 Window to members and the general public, COMAC announced that the new pricing window will take effect from February 16 to February 28, 2026, in line with a directive from the National Petroleum Authority (NPA).
Under the directive, the following ex-pump price floors have been established for the period:
Petrol (PMS): GHS10.24 per litre
Diesel (AGO): GHS11.34 per litre
LPG: GHS9.43 per kilogram
Marine Gas Oil (Local): GHS10.45 per litre
Kerosene: GHS9.21 per litre
COMAC emphasized that all OMCs and LPGMCs are required to comply with the price floors in accordance with the Petroleum Products Pricing Guidelines (PPPG).
The Chamber noted that the stated price floors exclude premiums charged by International Oil Trading Companies (IOTCs), operating margins of Bulk Import, Distribution and Export Companies (BIDECs), as well as marketers’ and dealers’ margins, which will be independently determined by the respective companies as stipulated under the PPPG.
According to COMAC, strict adherence to the directive is essential to maintaining market stability, protecting consumers, and ensuring fairness across the downstream petroleum sector. The Chamber warned that non-compliance could attract sanctions from the NPA.
COMAC urged all member companies to honour the requirements in good faith to safeguard collective industry progress.
Source: https://energycrossroad.com/
