Business
Why Ghana must maintain the NPA’s price floor in the petroleum market
Ghana’s downstream petroleum sector was fully deregulated in July 2015, transitioning from administered pump prices to a market-based system. However, deregulation was not absolute. To safeguard the market from instability, the National Petroleum Authority (NPA) retained a price floor mechanism, establishing a minimum ex-pump price below which Oil Marketing Companies (OMCs) could not sell. The […]
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