The government has confirmed that the updated Energy Sector Levies (Amendment) Act, 2025 (Act 1141), will come into full effect on Wednesday, July 16, 2025, following an earlier postponement aimed at assessing global market trends and safeguarding recent fuel price reductions.
The announcement, made in collaboration with the Ghana Revenue Authority (GRA), the Ministry of Finance, and the Ministry of Energy, comes after a thorough review of current economic indicators. Officials say the timing is strategic, aligning with national objectives to sustain economic stability while meeting the financial demands of Ghana’s energy sector.
The amendment introduces revised rates under the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) for key petroleum products.
These adjustments, first communicated through Tax Information Circular No. 2025/004, are expected to generate critical funding to tackle long-standing debt obligations and support vital infrastructure within the sector.
Revised ESSDRL Rates Under Act 1141:
| HS Code | Product | Common Name | Old Rate (GHS/Litre) | New Rate (GHS/Litre) |
|---|---|---|---|---|
| 2710124000 | Motor spirit, super | Petrol (PMI) | 0.95 | 1.95 |
| 2710192100 | Gas oil | Diesel (AGO) | 0.93 | 1.93 |
| 2710192100 | Gas oil | Marine Gas Oil (Local) | 0.03 | 0.23 |
| 2710192100 | Gas oil | Marine Gas Oil (Foreign) | 0.93 | 1.93 |
| 2710192400 | Heavy fuel oil | Residual Fuel Oil (RFO) | 0.04 | No Change |
The GRA has called on all stakeholders within the petroleum downstream industry to adjust their pricing mechanisms accordingly before the official implementation date. The Authority assured that it will maintain close engagement with industry actors to ensure a smooth transition and effective rollout.
Originally introduced to address persistent funding shortfalls, the energy sector levies have become an essential tool in financing Ghana’s power and petroleum infrastructure. The latest revision is designed to boost state revenue, aid in servicing energy sector debts, and promote financial sustainability within the industry.
Government officials emphasized that they will continue to monitor the market response and make data-driven adjustments as necessary to minimize disruptions while preserving the broader goals of energy security and fiscal responsibility.
 Act, 2025 (Act 1141), will come into full effect on Wednesday, July 16, 2025, following an earlier postponement aimed at assessing global market trends and safeguarding recent fuel price reductions.){kind=link}