Taxes
The taxes and/or excise duty approved by Parliament on petroleum products shall be included in the formula for price calculation.
Furthermore, the prescribed petroleum pricing formula also includes the following levies:
•Tema Oil Refinery Debt Recovery Fund Levy (GHS 0.08, USD 0.012)
•Road Fund Levy (GHS 0.06, USD 0.009)
•Energy Fund Levy (GHS 0.0005, USD 0.00007)
•Exploration Levy (GHS 0.01, USD 0.0015)
•Cross Subsidy Levy (GHS 0.05, USD 0.007)