The LPG Marketing Companies Association of Ghana (LPGMCs) has rejected assertions by the National Petroleum Authority that the move to cease business relations with SAGE Petroleum and Blue Ocean could pose a risk to the Atuabo Gas Processing Plant.
Vice Chairman, Gabriel Kumi insists the directive to its members was to cease doing business with the two firms at the Tema depots and not Atuabo.
SAGE Petroleum and Blue Ocean who were previously supplying LPG to local marketing companies obtained permits from the regulator, National Petroleum Authority to operate bottling plants under the Cylinder Recirculation Model and begin filling cylinders.
However, the LPGMCs consider this inimical to the survival of indigenous business, thus started a boycott of the two firms on the 12th of August 2024.
This has not gone down well with the National Petroleum Authority.
"You cannot block a service provider’s infrastructure, not to permit other people to go there to gain products," Head of Gas Regulation at the NPA, Obed Kraine Boachie said in an interview.
“Atuabo is a strategic facility that allows us to evacuate LPG so the Gas Processing Plant can run. Once you stop the evacuation over there you create a national security issue”, he added.
But speaking on the Marketplace on JoyNews, Mr. Kumi accused the NPA of trying to press the panic button.
“The Atuabo Gas Processing Plant was shut down for maintenance work and LPGMCs are not allowed to load products from there until 26th of August. We instructed our members not to load from the Tema Terminal”, Kumi explained.
“We are aware of the national security implications of not lifting gas from Atuabo. We are a responsible association and will not compromise national security”, he assured.
Mr. Kumi demanded fair regulation of the LPG market and kicked against what he describes as attempts to monopolise the industry.
The LPGMCs’ decision to boycott SAGE Petroleum and Blue Ocean is part of a broader initiative aimed at "protecting indigenous businesses, safeguarding over 10,000 Ghanaian jobs, and defending local investments exceeding $400 million made by Ghanaians over the past 30 years”.
Latest Stories
-
Expired rice scandal: We won’t jeopardize people’s health or safety for any reason – FDA
3 mins -
UniMAC to host public forum on democracy and communication
21 mins -
Expired Rice Scandal: Ablakwa slams Lamens Company for “Criminal” acts
33 mins -
Avoid the use of vituperative expressions in your campaigns – NCCE
41 mins -
No petroleum revenue allotment to industrialisation in first half of 2024 – PIAC report
47 mins -
Baba Sadiq motivated me to vie for MP position – Okraku-Mantey
1 hour -
“Black Stars failure to qualify for AFCON 2025 a big blow” – Ibrahim Tanko
1 hour -
NPP’s campaign is going very well – Nana Akomea
2 hours -
Employees must file annual income tax returns – Ghana Revenue Authority
2 hours -
Does the Police law empower police to run a broadcasting service?
3 hours -
GFA dissolves Black Stars Management Committee after AFCON qualification disappointment
3 hours -
The Thomas Partey Tournament: Empowering Ghana’s Youth through football
3 hours -
Nana Akomea calls for public inquiry into ‘expired rice’ saga
4 hours -
Maintain Otto Addo despite AFCON 2025 no-show – Nana Akomea advises GFA
4 hours -
GFA issues apology to Ghanaians for Black Stars failure to qualify for AFCON 2025
4 hours