• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Energy

LPG consumption rises by 12.4% in 4 years

3 years ago
in Energy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
113
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

LPG consumption rises by 12.4% in 4 years

Consumption of Liquified Petroleum Gas (LPG) among Ghanaians rose by 12.4% between 2017 and 2021.

According to Dr Mustapha Abdul-Hamid, Chief Executive Officer of the National Petroleum Authority (NPA), LPG consumption and use as the main source of cooking fuel, rose from 24.5% in 2017 to 36.9% in 2021.

The increase in adoption rate of LPG as main source of cooking fuel, Dr Abdul-Hamid noted, is as a result of regulatory interventions focused on rural LPG promotions to distribute free cylinders, intensify public educations on safe usage of LPG, infrastructural development, improvement in supply and distribution and LPG pricing structure.

Speaking at the 3rd West Africa LPG Conference and Expo under the theme “Towards Making LPG The Clean Fuel of West Africa”, the NPA Boss said the objective of government is to ensure at least 50% penetration by 2050.

Dr Abdul-Hamid said even though Ghana had made gains in LPG consumption over the past five years, there were challenges which have threatened the sustainability of the LPG market in Ghana

“Challenges such as slow uptake in particularly low-income areas, affordability, accessibility, non-adherence to safety requirements by some operators, old and unsafe cylinders, among others have threatened the sustainability of the LPG market in Ghana,

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

“To remedy the situation, the government of Ghana in October 2017 launched the National LPG Promotion Policy with the objective of ensuring that at least 50 per cent of Ghanaians have access to LPG for domestic, commercial, and industrial use by 2030.

“The Policy is to be driven by the new marketing and distribution model, the Cylinder Recirculation Model (CRM),” he stated.

On his part, the Minister of Energy, Dr Matthew Opoku Prempeh said the LPG industry presents an attractive solution to leverage the shift to cleaner energy sources while promoting Africa’s industrialization agenda.

“And I believe it will take the collective efforts from academia, the industry and government to prudently push West Africa to maximize the economic gains across the entire LPG value chain,” he added.

Tags: Dr Matthew Opoku-PrempehDr Mustapha Abdul-HamidLPGNPA
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.