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Friday, September 13, 2024
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We cannot cooperate with NPA’s plan to hand over CRM to foreign companies – LPG marketing companies

The LPG Marketers Association (LPGMC), Ghana LPG Operators Association (GLIPGOA), and Gas Tanker Drivers Association (GTDA) have said that they will not cooperate with plans by the National Petroleum Authority’s (NPA) to handover Cylinder Recirculation Model (CRM) to foreign and semi-foreign companies.

According to the organizations, this can render NPA’s decision to exclude them from the final implementation phase of the CRM, while allegedly favouring foreign and semi-foreign companies, threatens the livelihoods of thousands of Ghanaians.

In a press release, the associations shared deep concern over what they consider as unfair treatment by the NPA to indigenous LPG businesses

“If cooperation in our regulator’s view means we allow an industry built by indigenous Ghanaians to be handed over to foreign and semi-foreign companies, then we cannot cooperate,” the associations stated.

They stressed that these developments could jeopardize over $400 million in investments from local businesses and lead to substantial job losses, potentially leaving more than 10,000 Ghanaians without employment.

The groups reproached the NPA for its lack of transparency and engagement, noting that reports from CRM pilot projects—conducted at stations voluntarily relinquished by their members—have not been made available to industry stakeholders.

The associations concluded by calling on the NPA to implement a more balanced approach, ensuring fair treatment for all participants in the LPG sector, including traditional LPG marketers, during the CRM rollout.

Read the full statement below:

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