Parliament approves bill to scrap marine gas oil subsidy

Parliament has passed the Energy Sector Levies (Amendment No. 2) Bill, 2025, officially scrapping the government subsidy on marine gas oil and increasing the Energy Sector Shortfall and Debt Repayment Levy by 193 pesewas per litre on the product.

According to the government, this measure aims to address widespread abuse and smuggling associated with the marine gas oil subsidy, which officials say has undermined the fairness and credibility of the programme.

The revised levy is expected to yield approximately GH¢71 million in revenue for the state, bolstering efforts to manage energy sector debts and shortfalls.

Deputy Minister for Finance, Thomas Nyarko Ampem, clarified during parliamentary discussions that the removal of the subsidy does not affect premix fuel, and assured that supply to artisanal fishers will remain uninterrupted.

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