Ghana: There Is Enough LPG….No Need For Panic Buying… NPA Tells Consumers

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Ghana’s downstream petroleum regulator, National Petroleum Authority, NPA, has assured LPG consumers that there is enough of the product in the system; hence, there is no need to engage in panic buying.

The assurance follows media reports suggesting that there is a looming shortage of LPG, which is mostly used for cooking in homes.

In a statement issued by the Corporate Affairs Directorate on Thursday, NPA said there was a recent power challenge that affected the Atuabo Gas Processing Plant.

The statement said checks with the Ghana National Gas Company (GNGC) on 8th October 2024 indicated that the power challenge has been resolved.

However, NPA said the Gas Processing Plant is yet to return to full production.

“The plant is expected to return to regular production from 15th October 2024 onwards.

“There is adequate LPG in the country to meet national demand. The opening stock of LPG as of 9th October 2024 was enough to last almost two weeks of national consumption. In addition to this, the Sentuo Oil Refinery is also producing LPG, which serves the market daily.

“More than 20,000 metric tonnes of LPG is scheduled to be delivered between 21st and 27th October 2024 under LPG Tender programme.

“The Authority wishes to put on record that the boycott of the Quantum LPG Terminal and Tema Multi-Product Terminal by some LPGMCs has put pressure on the remaining depots in Tema.The refusal of these LPGMCs to load from these depots limits the volume of LPG that can be loaded from the Tema depots in a day,” the NPA said.

 

 

Source: https://energynewsafrica.com