Tema-Ghana, Nov. 15, MNN – Prices of petroleum products at GOIL Company Limited have been reduced at the pumps by 11.5 percent beginning Tuesday, November 15, 2022, to lighten the economic hardship and appreciate the challenges of the consuming public.
GOIL Public Affairs statement issued on Tuesday and copied to Myliberty News Network (MNN) in Tema said its Super XP Ron 95 (petrol) will sell at GH¢16.82 while Diesel XP will be sold at GH¢20.50 per litre.
Management of the company explained the decision is to cushion consumers in the wake of high prices for petroleum products on the international market and recent forex differentials.
According to the statement GOIL as the foremost indigenous Oil Marketing Company continues to focus on marketing quality petroleum and other energy products and services in a safe, ethical, healthy, environmentally friendly, and socially responsible manner.
GOIL has set out a strategic oil industrial revolution roadmap to ensure that indigenous Oil Marketing Companies (OMCs) dominate the downstream oil sector.
The statement said GOIL will continue to roll out a competitive pricing strategy as part of the broader measures to ensure dominance in the downstream oil industry.
“GOIL will continue to strictly enforce a national policy of maintenance of high standards at the forecourt of its filling stations across the country,” the statement said.
“We are focused on the vision to be a world-class provider of goods and services in the petroleum and other areas of the energy industry as our geographical spread places us first in terms of the distribution of petroleum products whilst our networks enable GOIL products to reach virtually all parts of the country.
“GOIL remains one of the forerunners in the state-owned enterprises’ sector and the petroleum industry in general,” the statement stated.
