LPG

Price Of Diesel And LPG To Drop Marginally; Petrol To Remain Unchanged – IES
03 Jul

Price Of Diesel And LPG To Drop Marginally; Petrol To Remain Unchanged – IES

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The price of diesel and Liquefied Petroleum Gas (LPG) is expected to fall marginally in the first pricing window of July. This is according to a recent analysis by the Institute for Energy Security (IES). The projection by the Institute for Energy Security, notes that the reduction can be attributed to the 2.6% fall in the price of gasoline and a 3.09% fall in the price of LPG. The analysis further noted that the depreciation of the Ghana cedi remains insignificant to the price of fuel at the various pumps in the first two weeks of July. However, the price…
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Expect A Crisis In LPG Market If Strike By Fuel Tanker Drivers Is Not Resolved Immediately – LPG Marketers
26 Jun

Expect A Crisis In LPG Market If Strike By Fuel Tanker Drivers Is Not Resolved Immediately – LPG Marketers

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Vice President of Liquefied Petroleum Gas (LPG) Marketers Association, Gabriel Kumi, has warned of a looming crisis in the LPG market if the strike by the fuel tanker drivers is not resolved immediately. He stated that the current stock of fuel will not last forty-eight hours if the strike persists till Wednesday, June 28. Fuel tanker operators in Ghana have declared a strike over poor roads. The industrial action commenced on Monday, June 26. Drivers operating within the Tema Heavy Industrial area said that until they see the roads awarded to a contractor, they are not carting fuel, TV3’s George…
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Petrol, Diesel Prices To Stay Same; LPG To Go Down 5% – IES
31 May

Petrol, Diesel Prices To Stay Same; LPG To Go Down 5% – IES

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Prices of petrol and diesel are expected to stay the same in the first two weeks of June 2023. However, the price of Liquefied Petroleum Gas (LPG) is expected to decline by roughly 5% during the same period. According to the Institute for Energy Security (IES), this follows the Ghana cedi’s strong performance on the domestic forex market during the last two weeks, and the drop in the price of LPG on the international market, though international prices of the liquid products shot up. “The Institute for Energy Security’s (IES’) review of prices over the past two weeks as monitored…
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Fuel Prices To Fall Again From May 16 – IES
15 May

Fuel Prices To Fall Again From May 16 – IES

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Prices of petrol, diesel and Liquefied Petroleum Gas (LPG) are expected to fall marginally again at the pumps from tomorrow, May 16,2023, for the next 14 days. According to the Institute for Energy Security (IES), this is on the back of a reduction in prices of finished products on the world market and the stability of the cedi. Therefore diesel, petrol and LPG are expected to sell at ¢12.30, ¢12.15 and ¢12.12 respectively. “The Institute for Energy Security (IES) monitoring of prices over the past two weeks on the Global Standard & Poor (S&P) Platts platform indicate the prices of…
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Kofi Akpaloo’s LPG Withdraws From Kumawu By-election…Throws Support Behind NPP
11 May

Kofi Akpaloo’s LPG Withdraws From Kumawu By-election…Throws Support Behind NPP

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The founder and leader of the Liberal Party of Ghana (LPG), Pervical Kofi Akpaloo, has confirmed that his party has pulled out from the impending Kumawu by-election naming the New Patriotic Party (NPP) as the party to support in the contest. In his view, the NPP’s candidate for the by-election, Ernest Yaw Anim, is best to represent Kumawu in parliament for now. Speaking on the Wontumi Morning Show which was monitored by Wontumionline.com, Mr. Akpaloo stated that the “LPG has withdrawn its candidature” based on the investigations they conducted. “In the next two weeks, we would be voting and in…
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Fuel Prices To Fall Between 2% And 9% From April 1
29 Mar

Fuel Prices To Fall Between 2% And 9% From April 1

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Fuel prices will fall between 2% and 9% for the third consecutive time from April 1, 2023 with Liquefied Petroleum Gas (LPG) expected to witness its biggest decline in recent times. According to the Institute for Energy Security, LPG will go down by about 9%, whilst petrol and diesel will witness between 2% and 5% drop. The institute is attributing the drop to the stability of the cedi to the dollar and the easing of prices of finished products on the world market. “Fuel consumers must expect another round of fuel price drops in the coming days. The imminent price…
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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

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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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Fuel Prices To Fall Between 3% And 10% – IES
15 Mar

Fuel Prices To Fall Between 3% And 10% – IES

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Fuel prices are expected to fall between 3% and 10% at the pumps, beginning tomorrow March 16, 2023, the Institute for Energy Security (IES) has projected. This follows a decline in the activities of price indicators in the last two weeks. The prices of all three key petroleum products – petrol, diesel and Liquefied Petroleum Gas (LPG) – are expected to fall. The IES said “the last two weeks has seen price indicators on both the domestic and international fronts falling and this can translate into some price reductions at the pumps for various petroleum products”. The domestic fuel market…
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Avoid Using Mobile Phones Close To LPG – Gas Expert
07 Mar

Avoid Using Mobile Phones Close To LPG – Gas Expert

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The public have been urged not to use mobile phones while cooking, especially when using a gas stove, Mr. Samuel Otu Larbi, the Chief Executive Officer of Solution Solve Limited, has said. He explained, “If there is a gas leakage you are likely not to be aware of and your phone heats up to the point where there is a short circuit, the small arc of electricity created, combined with the gas, can cause an explosion.” He stressed that electromagnetic waves could induce current and generate an electric spark in metal conductors, “this can be hazardous near a Filling Station,…
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Government Urged To Remove Taxes And Levies On LPG
02 Mar

Government Urged To Remove Taxes And Levies On LPG

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The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has renewed calls for the government to remove taxes and levies on LPG, which currently stand at about 13%. The Association also called on government to redirect the dollar auction policy toward the importation and pricing of LPG in the country. These actions, according to the LPG Marketers Association of Ghana, when implemented, will achieve the desired price reduction impacts. The Association made this demand in a release issued on March 1 and signed by its Chairman, Mallam Bukari. According to the group, the price per kilogramme of LPG in Ghana…
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