COMAC projects LPG prices projected to rise 18.5 per cent as petrol and diesel costs ease from October 16

The cost of cooking gas in Ghana is projected to increase by as much as 18.5 per cent from October 16, 2026, even as motorists could enjoy lower petrol and diesel prices.

The Chamber of Oil Marketing Companies (COMAC) forecasts that Liquefied Petroleum Gas (LPG) prices will rise by 18.5 per cent, while petrol and diesel prices could decline by 1.67 per cent and 3.32 per cent, respectively, in the second pricing window of October.

The projections suggest a mixed outlook for consumers, with households facing higher cooking fuel costs while motorists could benefit from a reduction in fuel prices.

The forecast also marks a possible reversal for petrol and diesel prices. Ahead of the October 1 pricing window, COMAC had projected increases across all three petroleum products. However, many Oil Marketing Companies (OMCs) maintained their existing pump prices.

The latest outlook points to a potential easing of petrol and diesel prices, although the expected increase in LPG prices could put additional pressure on household budgets.

LPG remains an important cooking fuel for many Ghanaian households, and a significant price increase could affect affordability and consumption.

However, COMAC’s projections are indicative, and the actual prices consumers pay will depend on the pricing decisions of individual OMCs.

The expected changes are scheduled to take effect from October 16, subject to adjustments by fuel retailers.

Consumers are advised to monitor announcements from their preferred fuel stations for updates on pump prices as the new pricing window begins.