The LPG Marketers Association of Ghana is appealing to government to remove some taxes on the petroleum price build up to reduce the price of the commodity and encourage many Ghanaians to consume LPG.
Consumption of Liquefied Petroleum Gas (LPG) dipped to 28,000 metric tonnes in the second half of last year, from 29,000 metric tonnes in the first half of last year.
This the LPG Marketers Association of Ghana has attributed to the rising price of the commodity which is pushing the ordinary Ghanaian from purchasing Liquefied Petroleum Gas.
Prices of petroleum products including LPG is expected to go up from today.
Speaking in an interview with Joy Business, Vice President of LPG Marketers Association, Gabriel Kumi, said the operators are forecasting a reduction of LPG to about 27,000 metric tons if the price continue to remain high.
“Currently, our LPG consumption in Ghana is on the decline. On the surface the consumption is very stagnant. For the past one year, we have been stagnating.”
“We have been doing about an average of 28,000 metric tons a month. Naturally, the population is growing so the natural expectation is that as the population grows there should be that natural growth”, he explained.
He pointed out that LGP should be growing in tandem with the population growth.
Latest Stories
-
Akufo-Addo leads nationwide commissioning of 80 educational projects
1 second -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
31 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
35 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
54 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
1 hour -
Town council in Canada at standstill over refusal to take King’s oath
1 hour -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
2 hours -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
2 hours -
Thousands of PayPal customers report brief outage
2 hours -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
3 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
3 hours -
How Kenya’s evangelical president has fallen out with churches
3 hours