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BusinessEfforts are underway to lower the price of LPG – NPA

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Efforts are underway to lower the price of LPG – NPA

Deputy CEO of the National Petroleum Authority (NPA), Linda Boamah Asante, has affirmed the management’s commitment to addressing the demands of Ghanaians by actively working to reduce the price of Liquefied Petroleum Gas (LPG).

During a town hall meeting on the Cylinder Recirculation Model (CRM) in Tamale, she disclosed ongoing discussions between the NPA, the Ministry of Energy, and the Ministry of Finance to explore the possibility of reducing taxes on LPG.

While acknowledging the influence of international factors on price hikes, Asante stressed the authority’s limited control in this regard. Regarding the CRM, she assured that its implementation aims to enhance LPG accessibility without significantly impacting its price.

Asante urged Ghanaians to refrain from deforestation for charcoal production, cautioning against the severe consequences for climate change in the future.

“The reason for today’s programme was to sensitise most of our women and opinion leaders on why they should embrace the cylinder recirculation model and why they should use LPG instead of charcoal and then firewood.

“Because we all can attest to the fact that climate change has come so close. The weather patterns are changing. There are high temperatures all over so we can’t do anything other than embrace the cylinder recirculation model.

“For the price of LPG, like I said in my speech, the NPA in collaboration with the Ministry of Energy and the Ministry of Finance is having discussions so that we can reduce the taxes on LPG. In addition to that, even before the reduction of taxes, the NPA has gone ahead to have a tender, which has reduced the supplier’s premium for LPGs that are imported into the country.

“Although we have the local refinery and Ghana National Gas, that produce gas, the price is always perked to the international market. So, the most important thing that we’ve been able to achieve now is to make sure that the cost of CRM, the policy doesn’t increase the price of getting access to LPG.

“And we have various sizes of the LPG. we have 3kg, we have 6kg and we have 12.5 kg, and it goes up there. So, you can buy any size you want. I’m sure 3kg will be the same as wanting to buy a tot. if you want to buy a tot, that avenue is also available.

“It is basically by making the LPG available, making it accessible and close to their doorsteps. We don’t have the filling plants available. They have to travel distances to have it purchased so the idea is to make it so close to you that you don’t have to travel any distances to get the product. And that is also another important role that we are playing in addition to making sure that the price goes down,” the deputy CEO of NPA Linda Boamah Asante said.

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