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
-
Expired rice saga: A ‘best before date’ can be extended – Food and Agriculture Engineer
1 min -
Why I rejected Range Rover gift from a man – Tiwa Savage
2 mins -
KNUST Engineering College honours Telecel Ghana CEO at Alumni Excellence Awards
35 mins -
Postecoglou backs Bentancur appeal after ‘mistake’
45 mins -
#Manifesto debate: NDC to enact and pass National Climate Law – Prof Klutse
54 mins -
‘Everything a manager could wish for’ – Guardiola signs new deal
1 hour -
TEWU suspends strike after NLC directive, urges swift resolution of grievances
1 hour -
Netflix debuts Grain Media’s explosive film
2 hours -
‘Expired’ rice scandal: FDA is complicit; top officials must be fired – Ablakwa
2 hours -
#TheManifestoDebate: We’ll provide potable water, expand water distribution network – NDC
3 hours -
IPR Ghana@50: Pupils educated to keep the environment clean
3 hours -
PenTrust CEO named ‘Best Pensions CEO’, company wins ‘Scheme Administrator Award’ at Ghana Accountancy & Finance Awards 2024
3 hours -
Alan Kyerematen’s ‘Brighter Future for Health Professionals’ in Ghana Revealed in Bono
3 hours -
#TheManifestoDebate: NPP will ensure a safer, cleaner and greener environment – Dr Kokofu
3 hours -
2024 Election: Police to deal with individuals who will cause trouble – IGP
3 hours