Audio By Carbonatix
Users of Liquefied Petroleum Gas (LPG) must be ready to pay commercial prices if a proposal currently before cabinet is approved.
The proposal according to the Communication Consultant at the Energy Ministry Edward Bawa is to scrap the subsidies on LPG in order for all users -both domestic and commercial - to pay realistic prices for the product.
There has been shortage of the product for weeks with long queues forming at the various distribution outlets in the country.
This is in spite of government assurances that the product will be made available last week Friday.
Edward Bawa in an interview with Joy News attributed the shortage of the product and its attendant long queues to the overwhelming number of commercial drivers who have converted their petrol-powered engines to LPG because the latter is relatively cheaper.
It is his believe that once the subsidy is removed, realistic prices will be paid and the product will no longer be in short supply, adding the rallying cry of Ghanaians is not necessarily on the cost but the availability of the product.
He argued Ghanaians will be better off with the product on the market, irrespective of the cost, than having the erratic shortages.
Edward Bawa is under no illusion what the effect of the policy will have on domestic users but said the policy is not “cast in stone” and that the appropriate changes will be made to satisfy all users.
It is however not yet clear if cabinet will accept to implement the policy.
Mr. Bawa also blamed the previous NPP government for not putting the appropriate infrastructure into place for the storage of LPG.
He said the Energy Minister has taken drastic steps to resolve the problem and has asked the Tema Oil Refinery to provide the cost proposals on Tema Oil Refinery’s pipelines - the cost of TOR's pipelines alone has been pegged at GH$ 33 million.
He said the Minister is also in discussion with the Bulk Oil Storage Transport for the badge system - which will take the LPG directly from the Vessels to the Oil Marketing Companies.
He was hopeful the two projects will be completed in 12 months and that will considerably improve upon the infrastructural base and decrease the shortages in the system.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Thieves use drill to steal €30m in German bank heist
9 minutes -
Protests spread across Iran for third day after currency hits record low
19 minutes -
NRSA to enforce mandatory removal of broken-down vehicles from highways in 2026
1 hour -
Individuals on trial by the A-G linked to a potential NPP flagbearer – Rosemond Obeng alleges
1 hour -
President Mahama signs law regulating cryptocurrencies and virtual assets
1 hour -
‘Cyborg’ seen in viral video firing gun during musician Asake meet-up arrested
2 hours -
Media Coalition Against Galamsey calls for prosecutions, questions effectiveness of deportation policy
2 hours -
Tyson Fury pays tribute to Anthony Joshua’s friends killed in Nigeria car crash
2 hours -
GTA welcomes Mr Eazi’s $2m event centre investment plan
2 hours -
Mrs Sylvia Cudjoe
3 hours -
If gov’t walks the talk in budget, 2026 will be a good agriculture year – Dr Opoku Gakpo
3 hours -
Enforcement of law, order in Bawku non-negotiable – Asiedu Nketia
3 hours -
Lady Mae Injects GH¢1.59m into women’s empowerment as she launches ‘Save You First’
3 hours -
Prof. Emmanuel Adinyira: When traffic decides who lives
3 hours -
May our New Year be restless: A message to the President, the people, and the continent
3 hours
