Business News of Sunday, 17 December 2017
The Chamber of Bulk Oil Distributors (CBOD) is calling for calm in the ongoing disagreement between the LPG Marketers Association and the National Petroleum Authority over the proposed cylinder recirculation program.
The LPG Marketing Companies Association of Ghana has accused government of a grand scheme to wipe them out of business.
According to the association, its members have been omitted from the proposed value chain for the cylinder recirculation policy.
A Deputy Energy Minister, Mohammed Amin, meanwhile, chided the Association of LPG Marketers last week, for what he described was an attempt to hold Ghanaians to ransom over the policy.
But speaking to Citi Business News, the Chief Executive Officer of the Chamber of Bulk Oil Distributors, Senyo Hosi called on all stakeholders to remain calm since every player will get the opportunity to influence the direction of the Cylinder Recirculation policy.
“I encourage all the parties to hold fire. We need to sit down as industry players and solve this issue. The committee is just about starting its work, and all stakeholders would get a privileged opportunity to influence the direction of the policy. In all of this the national interest must be supreme. We all need to participate in the entire process to reach a fair resolution for all parties”.
The President Nana Akufo-Addo ordered the implementation of the Cylinder Re-circulation Model of LPG distribution following public outcry in the wake of the massive explosion at an LPG filling station at Atomic Junction.
That explosion claimed at least seven lives and injured over 100 persons.