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NPA lifts 5 year ban on construction of LPG outlets

3 years ago
in Business, Editor's pick, Energy, Features, highlights, Home, home-news, latest News
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NPA lifts 5 year ban on construction of LPG outlets

Government has lifted its five year ban on the construction of Liquified Petroleum Gas (LPG) outlets in the country.

The decision follows a cabinet meeting on Wednesday in the aftermath of agitations by industry players.

In a statement signed and issued on Wednesday, August 3, CEO of the National Petroleum Authority (NPA), Mustapha Abdul-Hamid averred, ““We are pleased to inform you that Cabinet at its 35th Sitting, held on August 3rd 2022, has granted a special dispensation to allow the completion of the construction of stranded LPG stations across the country, that were affected by the ban on the construction and operation of new LPG facilities in 2017.”

“All OMCs/ LPGMCs who were affected are by this directive to resubmit their applications to the Authority.”

statement here

https://drive.google.com/file/d/1LoGuZh4ZlyHWM2fZf9vHPXTPNredXLeP/view?usp=sharing

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The Liquified Petroleum Gas (LPG) Marketers Association of Ghana, the Ghana LPG Operators Association of Ghana and the Tanker Drivers Association of Ghana declared an industrial strike action in the course of the week.

The striking groups raised a number of issues, including the shutdown of some stations as a result of the Atomic Junction gas explosion five years ago.

According to them, government’s refusal to re-open some gas stations that were closed after the 2017 gas explosion has affected its members hence the need to embark on the strike.

According to CEO of the  LPG Marketers Association, some members due to the many years of not being in business, have had to defray debts owed banks with their personal belongings such as their houses

Tags: Bank of Ghana (BoG)BOGEnergy Ministrygas productionghanaIMFLiquefied Petroleum Gas (LPG)LPG Marketers AssociationLPG Marketing Companies (LPGMCs)National Petroleum Authority (NPA)NPAoil and gasWorld Bank
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