Business & Finance

NPA Denies Imminent Gas Shortage

The National Petroleum Authority (NPA) has denied speculations of an imminent shortage of Liquefied Petroleum Gas (LPG).

In a statement, it assured the general public that there was enough LPG in stock to meet demand.

According to the Authority, the country currently has an LPG stock of over a month’s cover with LPG production by the local refineries at their highest level.

“Additionally, as per the national import plan, the country is expected to take delivery of an LPG cargo within the next 2 weeks to further shore up the existing stock level and keep the market well supplied.”

It therefore advised against panic buying.

It comes after the Chief Executive of the Chamber of Oil Marketing Companies, Dr Riverson Oppong, called on the general public to fill their cylinders in anticipation of a gas shortage.

Story by Hajara Fuseini

Click to read more: https://opemsuo.com/author/hajara-fuseini/

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