Parliament has passed the Energy Sector Levies (Amendment No. 2) Bill, 2025, effectively removing the government subsidy on marine gas oil and increasing the Energy Sector Shortfall and Debt Repayment Levy on the product by 193 pesewas per litre.
According to government, the move is intended to curb abuse and smuggling associated with marine gas oil which has compromised the fairness and integrity of the subsidy programme.
The revised levy is projected to generate 71 million Ghana Cedis in revenue for the state.
Deputy Minister for Finance, Thomas Nyarko Ampem clarified that the subsidy removal does not apply to premix fuel, assuring that the supply of premix to artisanal fishermen remains unaffected.