The Chamber of Oil Marketing Companies (COMAC) has initiated investigations into two member companies following suspicions over inflated petroleum consumption data reported for the first half of 2025. The companies under review are Moari Oil and Yass Petroleum.

COMAC’s concern arose after seeing unusually high growth figures, particularly in the Upper East region (80.23 %) and notable increases in the Ashanti, Upper West, and Eastern regions. These figures diverge sharply from industry projections set by the National Petroleum Authority, prompting fears of manipulation to draw from the Unified Petroleum Pricing Fund (UPPF).

Dr. Riverson Oppong, COMAC’s Chief Executive, said that the chamber has written to the two companies to submit their data for scrutiny. He also revealed that the Board Chairman, Gabriel Kumi, has called for the elimination of the UPPF, citing concerns about its misuse by some member associations.

COMAC maintains that while global petroleum prices have been stable or dropping, the depreciation of the cedi has pushed domestic costs higher—yet the raw consumption numbers reported raise red flags.