Gabriel Kumi

Gabriel Kumi Elected Board Of The Chamber Of Oil Marketing Companies
19 Dec

Gabriel Kumi Elected Board Of The Chamber Of Oil Marketing Companies

wontumionlineBusiness,
The Board of the Chamber of Oil Marketing Companies has elected the Executive Director of Trinity Oil Company Gabriel Kumi as board chair of the chamber, and CEO of Star Oil  Philip Teiku as Vice Chair. They take over from Mr William Tawiah, CEO of Zen Petroleum (outgoing chairman) and Mr Kwame Osei Prempeh  of Goil (Vice Chairman). Presently, Mr. Kumi serves as the Vice Chairman of the LPG Marketing Companies Association of Ghana, where he advocates for industry standards, regulatory improvements, and sustainable growth. He is a distinguished Chartered Marketer (CIM, UK) with a master’s degree in Entrepreneurship from…
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‘Gold For Oil’ Policy Did Not Contribute To LPG Price Reduction – LPG Marketers Association
20 Mar

‘Gold For Oil’ Policy Did Not Contribute To LPG Price Reduction – LPG Marketers Association

wontumionlineBusiness, ,
The Liquefied Petroleum Gas (LPG) Marketers Association has indicated that the government’s ‘Gold for Oil’ policy did not contribute to the price reduction of LPG. According to its Vice President, Gabriel Kumi, the policy did not cover LPG and therefore it did not affect the price of the petroleum product. “We know that LPG price has gone down, beginning today [March 16, 2023], but as we did indicate, it’s not the gold for oil policy which is the factor that has brought the price down. You know that LPG has not been added to the products [petroleum] that are being…
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Government Must Intervene In LPG Pricing; Taxes Are Too Many – LPG Marketers
06 Jan

Government Must Intervene In LPG Pricing; Taxes Are Too Many – LPG Marketers

wontumionlineBusiness, ,
The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana wants government to intervene in the pricing of LPG in the country if it is to achieve its policy of 50% of the 31 million Ghanaians having access to safe, clean and environmentally friendly LPG by 2030 According to its Vice President, Gabriel Kumi, the pricing of the petroleum commodity cannot be left in the hands of the market forces of demand and supply. “LPG is a product with elastic demand. What that simply means is that the product is highly very sensitive. Any pesewa reduction in the price of the…
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