The government will suspend the GH¢1-per-litre Energy Sector Shortfall and Debt Repayment Levy (D-Levy) on diesel for October and November as part of measures to cushion motorists against a projected increase in fuel prices.

Although the source of the intervention is changing, the government’s total support for diesel will remain at GH¢2 per litre.

Under the revised arrangement, the reduction in statutory margins will be cut from GH¢2 to GH¢1 per litre, with the additional GH¢1 coming from the temporary suspension of the D-Levy.

This means motorists will continue to receive a total GH¢2-per-litre intervention on diesel—GH¢1 through reduced statutory margins and GH¢1 through the suspension of the levy.

The decision comes as the Chamber of Petroleum Consumers (COPEC) projects significant increases in fuel prices during the first pricing window of October.

COPEC is forecasting a 5.21% increase in petrol prices and a 22.91% rise in diesel prices from Thursday, October 1, 2026.

In a statement dated Tuesday, September 29, 2026, and signed by its Executive Secretary, Duncan Amoah, the Chamber attributed the expected increases primarily to higher international petroleum prices and a marginal depreciation of the Ghana cedi against the US dollar.

Petrol is expected to rise from an average of GH¢16.90 to GH¢17.78 per litre, while diesel could increase from GH¢18.24 to GH¢22.42 per litre.

LPG prices are also projected to rise to GH¢15.68 per kilogramme, following a 9.10% increase in its international Free on Board (FOB) price.

According to COPEC, global crude oil prices increased from $103.07 to $124 per barrel during the pricing window. Over the same period, the cedi depreciated by approximately 1.20% against the US dollar, moving from an average interbank rate of GH¢11.4830 to GH¢11.6211.

The FOB price of petrol rose by 4.26%, from $1,251.07 to $1,304.39 per metric tonne. COPEC consequently projects pump prices between GH¢16.89 and GH¢18.67 per litre, based on a ±5% margin around its forecast.

Diesel’s FOB price also increased, rising from $1,404.73 to $1,524.22 per metric tonne, representing an 8.51% increase. Pump prices are expected to range between GH¢19.40 and GH¢21.44 per litre.

For LPG, the FOB price increased from $712.43 to $777.59 per metric tonne. COPEC expects retail prices to average GH¢15.68 per kilogramme, with a projected range of GH¢14.89 to GH¢16.48.

The temporary suspension of the D-Levy will therefore allow the government to maintain the GH¢2-per-litre diesel intervention while changing the mechanism through which the relief is provided.