LPG from Ghana Gas more expensive than imported product; COPEC insists

The Chamber of Petroleum Consumers, COPEC, insists that Liquefied Petroleum Gas supplied to Oil Marketing Companies by the Ghana National Gas Company is more expensive than imported LPG.

COPEC had earlier called on the Ministry of Energy to address the anomaly which it says had contributed to an increase in the price of LPG in some parts of the country.

COPEC said despite the price differentials, some Oil Marketing Companies are being compelled under a policy of zonalisation to buy the Atuabo Gas and sell to consumers.

The Ghana National Gas Company Limited however debunked the claims, and described them as misleading and mischievous.ADVERTISEMENT

But the Executive Secretary COPEC, Duncan Amoah, has told Citi Business News Ghana Gas is not being honest.

“They said that they deliver relatively cheaper gas. Unfortunately, if you speak to the guys who buy from Atuabo, they are paying much more higher than imported gas, and that for every Ghanaian should be a source of worry especially when your local gas processor who should have been the game changer and work harder to drive prices down is rather charging much higher than imported gas that leaves the Ghanaian consumer quite disadvantaged.”

“If Atuabo tells you that the gas they put on the market is cheaper then one would wonder how come it is almost always 20,30,40 pesewas higher than imported gas from Tema.”

COPEC, On May 21, 2020, petitioned the Ministry of Energy to address some issues with Liquefied Petroleum Gas, LPG supplied by the Ghana National Gas Company, which has contributed to an increase in the price of the product in some parts of the country.

Pricing of Atuabo Gas, pressure and quality must be checked – COPEC

Chamber of Petroleum Consumers (COPEC) is demanding an independent public testing of random samples of Liquefied Petroleum Gas (LPG) from retail outlets supplied by the Ghana National Gas Company from its Atuabo Plant.

They are also calling on the company to declare the ratio of Propane to Butane in the LPG produced from Atuabo.

According to COPEC, this will put to rest the quality parameters and standard of liquefied Petroleum Gas (LPG) and the observed high pressures from gas supplied by the Ghana National Gas Company.

Source citibusinessnews

Do NOT follow this link or you will be banned from the site!