{"id":228876,"date":"2024-10-09T14:14:23","date_gmt":"2024-10-09T14:14:23","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/09\/lpg-shortage-price-hike-imminent-next-week-marketers\/"},"modified":"2024-10-09T14:14:23","modified_gmt":"2024-10-09T14:14:23","slug":"lpg-shortage-price-hike-imminent-next-week-marketers","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/09\/lpg-shortage-price-hike-imminent-next-week-marketers\/","title":{"rendered":"LPG shortage, price hike imminent next week \u2013 Marketers"},"content":{"rendered":"<p><\/p>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has warned of an imminent gas shortage, likely to begin next week, due to dwindling LPG reserves and complications with new import regulations introduced by the National Petroleum Authority (NPA).<\/p>\n<p>Vice President of the Association, Gabriel Kumi, expressed concern over the current stock of LPG, stating it would not last beyond the week.<\/p>\n<p>He revealed that the 10,000 metric tonnes recently delivered will be exhausted soon. &#8220;If measures are not taken to bring in another vessel of gas by next week, we shall be in a very serious shortage situation,\u201d he said.<\/p>\n<p>Mr Kumi attributed the situation to fluctuations in global LPG prices and domestic supply challenges.<\/p>\n<p>The Atuabo Gas Plant, which typically supplies up to 50% of the country\u2019s LPG needs, has been underperforming, leaving marketers reliant on imports. \u201cAtuabo hasn\u2019t been performing well for the past month. We are solely depending on imports,\u201d he noted in an interview with Joy News.<\/p>\n<p>The LPG association has urged the NPA to act swiftly by instructing Bulk Oil Distributors (BDCs) to expedite product imports, warning that failure to do so would lead to severe shortages.<\/p>\n<p>This latest warning follows a similar episode on 26 September, when parts of the country experienced LPG shortages. At that time, Mr Kumi cautioned that up to 70% of LPG outlets had run out of supplies, creating pressure on the few stations still stocked.<\/p>\n<p>Meanwhile, the Tema Oil Refinery (TOR) has assured the public that previous challenges with the BDCs have been addressed.<\/p>\n<p><b>Watch the latest edition of BizHeadlines below:<\/b><\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"4yZZleO2KFg\"><iframe loading=\"lazy\" title=\"Business stories that made headlines this week | BizHeadlines\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/4yZZleO2KFg?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<p><i><b>Ghana\u2019s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.<\/b><\/i><\/p>\n<p>Click here to follow the GhanaWeb Business WhatsApp channel<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has warned of an imminent gas shortage, likely to begin next week, due to dwindling LPG reserves and complications with new import regulations introduced by the National Petroleum Authority (NPA). Vice President of the Association, Gabriel Kumi, expressed concern over the current stock of LPG, stating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":228877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-228876","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LPG shortage, price hike imminent next week \u2013 Marketers - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/09\/lpg-shortage-price-hike-imminent-next-week-marketers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LPG shortage, price hike imminent next week \u2013 Marketers - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has warned of an imminent gas shortage, likely to begin next week, due to dwindling LPG reserves and complications with new import regulations introduced by the National Petroleum Authority (NPA). Vice President of the Association, Gabriel Kumi, expressed concern over the current stock of LPG, stating [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/10\/09\/lpg-shortage-price-hike-imminent-next-week-marketers\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-09T14:14:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/10\/98147057.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"335\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"LPG shortage, price hike imminent next week \u2013 Marketers\",\"datePublished\":\"2024-10-09T14:14:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/\"},\"wordCount\":330,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/98147057.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/10\\\/09\\\/lpg-shortage-price-hike-imminent-next-week-marketers\\\/\",\"name\":\"LPG shortage, price hike imminent next week \u2013 Marketers - 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