Current fuel pricesEffective 15 July 2026
PetrolNLe33LitreNLe2
DieselNLe35LitreNLe5
KeroseneNLe37.25LitreNLe4.99
Fuel OilNLe30.22LitreNLe0.49
PetrolNLe33LitreNLe2
DieselNLe35LitreNLe5
KeroseneNLe37.25LitreNLe4.99
Fuel OilNLe30.22LitreNLe0.49
NewsNPRA Media & PR Department

NPRA Director General Engages Development Partners at Civic Day London

NPRA Director General Baluwa Koroma engaged development partners and members of the Sierra Leonean diaspora at the inaugural Civic Day London, highlighting the Authority's achievements and exploring future collaboration with the incoming British High Commissioner to Sierra Leone.

LONDON, UNITED KINGDOM – The Director General of the National Petroleum Regulatory Authority (NPRA), Mr Baluwa Koroma, participated in the maiden edition of Civic Day London, where he held a series of strategic bilateral engagements with development partners and members of the Sierra Leonean diaspora community.

During the meetings, the Director General outlined the Authority's significant progress in strengthening the regulation of Sierra Leone's downstream petroleum sector. He highlighted key achievements in enhancing regulatory oversight, improving domestic revenue generation, and implementing reforms designed to position the country's downstream petroleum industry as a competitive and attractive investment destination within the sub-region.

As part of the event, Mr Koroma also held a detailed bilateral meeting with the incoming British High Commissioner to Sierra Leone, Madam Josephine Gauld. Their discussions focused on opportunities for future collaboration in areas including regulatory compliance, institutional capacity building, and digital transformation initiatives aimed at aligning Sierra Leone's downstream petroleum sector with evolving international standards and industry best practices.

The engagements reaffirm the NPRA's commitment to strengthening partnerships with international development institutions and fostering constructive dialogue that supports sustainable growth, improved governance, and continued modernisation of Sierra Leone's downstream petroleum industry.

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Frequently asked questions

Quick answers to common public and operator questions about licensing, pricing and downstream petroleum regulation.

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01How can I apply for a license with the NPRA?
  • Write a letter of intent addressed to the Director General, National Petroleum Regulatory Authority, A.J Momoh Street, British Council, Tower Hill, Freetown.
  • Depending on the business model, the Authority shall advise and give a time frame for licences to be granted.
Licensing
02What is a fuel subsidy?

A fuel subsidy is financial support provided by the Government to reduce the cost of petroleum products paid by consumers.

Fuel Pricing
03Does the Government set fuel prices?

Yes. Fuel prices are approved by the Government using the approved pricing formula to ensure fair, transparent and sustainable pricing.

Fuel Pricing
04How are fuel prices determined?

Fuel prices are determined using an approved pricing formula. The formula takes into account the international reference price for refined petroleum products (Platts), published by S&P Global, the exchange rate provided by the Bank of Sierra Leone, and other costs incurred throughout the petroleum supply chain.

Fuel Pricing
05Why don't fuel prices fall immediately when global prices decline?

Fuel prices are reviewed periodically to minimise the impact of short-term international market fluctuations and promote price stability.

Fuel Pricing