Parliament has approved the Energy Sector Levies (Amendment No. 2) Bill, 2025, removing the government subsidy on marine gas oil and raising the Energy Sector Shortfall and Debt Repayment Levy on the product by 193 pesewas per litre.
The adjustment is part of a broader effort to address inefficiencies and financial shortfalls within the energy sector.
Government justified the move as necessary to curb abuse and smuggling associated with the subsidised marine gas oil, which it says has undermined the integrity of the programme.
The revised levy is expected to generate 71 million Ghana Cedis in revenue to support national energy financing.
Deputy Minister for Finance, Thomas Nyarko Ampem, clarified that the removal of the subsidy does not affect premix fuel.
He assured that the supply of premix to artisanal fishermen will remain intact despite the new fiscal changes.
