The Liquefied Petroleum Gas (LPG) Marketers Association of Ghana has formally endorsed the National Petroleum Authority’s (NPA) decision to transition to an Open Competitive Tender system for LPG imports.
Under this new framework, the procurement of gas will move away from previous methods in favor of a transparent bidding process designed to drive down costs. The Association believes that by introducing competition among international suppliers, the landing price of the product will decrease, allowing for more affordable retail prices for the Ghanaian public.
Gabriel Kumi, Vice President of the LPG Marketers Association, emphasized that lowering the price of gas is essential to reversing a worrying trend of declining national consumption. He noted that the association has long advocated for government intervention to make LPG more accessible, citing the environmental and health benefits of switching from traditional fuels to cleaner gas. By making the product cheaper, the group anticipates a significant boost in usage among ordinary households and small businesses.
The NPA confirmed that this policy shift was approved following extensive consultations with Bulk Oil Distribution Companies (BDCs). The competitive tender will cover approximately 70% of Ghana’s total monthly LPG requirements, while the remaining 30% will continue to be supplied locally by the Ghana National Gas Company. This dual-supply strategy is intended to enhance market efficiency, ensure a steady supply of fuel, and ultimately stabilize the energy sector’s pricing structure.
