Accra, Oct. 31, GNA 96 The National Petroleum Authority (NPA) on Tuesday announced new price ceilings for petroleum products that see a drop in the ex-pump prices of premium and diesel, an increase in the price of LPG while that of kerosene remains unchanged.

Professor Ivan Addae-Mensah, Chairman of NPA, said the review followed decreases in the price of crude oil and discussions with Oil Marketing Companies (OMCs), which were expected to fix their own ex-pump prices with the maximum ceilings in mind.

The new prices take immediate effect.

The maximum price of premium petrol has been fixed at 35,609 cedis a gallon from 36,957 cedis while that of diesel is 34,686.70 cedis a gallon from 35,395.50 cedis.

Kerosene remains at 30,000 cedis a gallon while 14 kilograms of LPG would go up from 101,000 cedis to 106,000 cedis.

The NPA reviews the prices of petroleum products e very month and adjustments are made in ex-pump prices depending on how significant the changes are.