12 October 2026The Director General of the National Petroleum Regulatory Authority (NPRA), Mr. Brima Baluwa Koroma, has proposed that…
9 July 2026NPRA Director General Brima Baluwa Koroma briefed Parliament's Committee on Trade and Industry on developments in Sier…
23 June 2026NPRA Director General Baluwa Koroma engaged development partners and members of the Sierra Leonean diaspora at the ina…
Quick answers to common public and operator questions about licensing, pricing and downstream petroleum regulation.
View all FAQs ↗A fuel subsidy is financial support provided by the Government to reduce the cost of petroleum products paid by consumers.
Yes. Fuel prices are approved by the Government using the approved pricing formula to ensure fair, transparent and sustainable pricing.
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 prices are reviewed periodically to minimise the impact of short-term international market fluctuations and promote price stability.
