Tag: LPG
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COPEC pushes for reduction in LPG price from Ghana Gas amid complaints by OMCs
The Chamber of Petroleum Consumers, COPEC, is calling on the Ministry of Energy to address some issues with Liquefied Petroleum Gas, LPG, supplied by the Ghana National Gas Company, which have contributed to the increase in the price of the product in some parts of the country. According to COPEC, LPG supplied by Ghana Gas…
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COPEC demands compensation for LPG consumers after withdrawal of ‘illegal’ levy
The Chamber of Petroleum Consumers, COPEC, says it will engage the National Petroleum Authority, NPA, on how consumers who were charged the 13.5 pesewas Liquefied Petroleum Gas (LPG) circulation levy will be compensated. The Minister for Energy, John Peter Amewu, last week announced that the NPA has been directed to stop charging the LPG re-circulation…
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Energy Minister announces withdrawal of new LPG levy
Government has announced the withdrawal of the 13.5 pesewas Cylinder Recirculation Margin (CRM) levy placed on every kilogram of Liquefied Petroleum Gas (LPG). This was revealed by the Minister of Energy, Peter Amewu at a press briefing on Thursday, April 16, 2020. “That slight increase in price that you saw in the papers, it has…
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NPA’s introduction of new LPG levy ill-timed and insensitive – LPG Marketers
The Liquefied Petroleum Gas Marketing Companies Association of Ghana says the recent introduction of the 13.5 pesewas Cylinder Recirculation Margin (CRM) is unfortunate. It says the levy is not only going to burden the tax payer, but is also insensitive to the plight of Ghanaians as the country grapples with the social and economic impact…
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Stop massing up at LPG stations; we’ll work during lock-down – LPG Marketers assure
The Liquefied Petroleum Gas Marketing Companies Association of Ghana has called on the general public to desist from rushing to various retail outlets across the country to purchase gas in response to the President’s partial lock-down of Accra, Tema, Kasoa and Kumasi on March 30, 2020. This comes after thousands of people in response to…
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Cylinder Re-circulation Model pilot implementation launched in Kade
The National Petroleum Authority, NPA, and the Ministry of Energy, has finally launched the pilot implementation of the Cylinder Re-circulation Model at Kade in the Kwaebibirim Municipality of the Eastern Region. The Cylinder Re-circulation Model, which is primarily aimed at reducing LPG-related accidents according to government, will also create more jobs contrary to claims by…
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Gov’t intervenes; LPG operators call off strike
The LPG Marketers Association has called off its 48-hour strike, following government’s intervention. Members of the Association had embarked on a strike to protest government’s planned implementation of the cylinder re-circulation policy which they say will collapse their business. The Association’s strike caused a lot of discomfort to many consumers across the country, as they…
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LPG retailers to strike on Monday over cylinder circulation policy
The Association of LPG retailers will embark on a strike across the nation on Monday over the government’s plan to implement the cylinder re-circulation policy. This means consumers will not be able to buy the product at various retail outlets from Monday. The Operators, who are opposed to the policy, say their businesses will collapse…
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NPA to recall all cylinders under recirculation model
The National Petroleum Authority (NPA) has told Citi Business News it would recall all cylinders currently in use with the full implementation of the cylinder recirculation model. The CEO of the NPA, Hassan Tampuli explains that the plan is to regulate the program and improve standards. “There is a stage in the implementation regime; the…
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Akufo Addo renews plans to reduce cost of power
President Nana Addo Dankwa Akufo-Addo, has re-emphasized his government’s resolve to protect consumers from high costs of power. He explains that though government is open to private participation in developing the energy sector, it is determined to do so within reasonable price charges. The President made the remarks when he cut the sod for the…