Image

LPG Cylinder Recirculation Pilot programme begins in October — Bawumia

Vice President Dr Mahamudu Bawumia on Wednesday said significant progress has been made towards the pilot implementation of the Cylinder Recirculation Model under the National Liquefied Petroleum Gas (LPG) Promotion Policy.

He said the Policy sought to ensure that LPG consumers have access to safe, efficient, affordable and environmentally-friendly LPG for commercial, industrial and domestic use by 2030.

The National Petroleum Authority (NPA) says the Ghana Cylinder Manufacturing Company is producing 37,000 cylinders needed for the pilot project in October this year, in Obuasi in the Ashanti Region and Kwaebibirim in the Denkyemboa District of the Eastern Region.

Dr. Bawumia assured of government’s commitment to continue implementing policies and programmes to protect the safety and interests of Ghanaians.

Vice President Bawumia announced this at the opening of the third edition of the Ghana International Petroleum Conference (GhipCon) in Accra on Wednesday, held on the theme,” Regional Collaboration: A Catalyst for Transformation”.

The conference was organised by the Ministry of Energy and National Petroleum Authority in collaboration with the Chamber of Bulk Oil Distributors, which attracted petroleum experts, policy-makers, businessmen and women and captains of industry in the sub-region.

It is designed to actively bring to the fore the operating industry’s perspectives and guidance on issues of governmental and regulatory policy as well as best practices for the advancement of the petroleum downstream sector across the West African sub-region.

It will also afford stakeholders in the petroleum downstream industry in West African sub-region, to harmonise their policies and explore opportunities to allow the industry to respond to global development and trends consistent with member countries’ interests and aid in their economic transformation.

Some topics outlined for discussion include; Unlocking West Africa’s Deregulatory Inertia, Making West Africa’s Refineries Work, Ghana’s Cylinder Recirculation Model, Harmonising Sub-regional Petroleum Products Specifications and Challenges of Regional Distribution of Petroleum Products.

The Vice President said government was in the process of ensuring institutional and regulatory re-alignment of the midstream gas sub-sector to bring clarity and a degree of certainty to players in the industry.

In that regard, he said, the Energy Minister would soon finalise re-alignment and commence legislative consolidation of the Gas Master Plan into a Gas Act, which was an important requirement for development of Ghana into a petrochemical hub in the West African sub-region.

He said the proposed Gas Act would provide an enabling environment and appropriate incentives for investors and assured of government’s resolve to make the security of gas supply as feedstock for petrochemical plans a priority.

He said procurement of natural gas from domestic sources had been secured under regulation governing domestic supply obligation of upstream gas producers.

He, therefore, urged investors to take advantage of the favourable petroleum market environment in Ghana to invest in infrastructure such as oil jetties, pipelines and distribution facilities, as well as refineries, gas processing plants and storage and loading gantries.

Following the deregulation of the petroleum downstream sector in Ghana, Dr Bawumia said the sector had witnessed significant investment and expansion of petroleum products and outlets facilities.

He gave the assurance that government would continue to create an enabling environment for petroleum downstream sector to thrive competitively, efficiently and with the highest safety standards.

He said the investment had been championed by the private sector with growing number of indigenous Ghanaian companies, given rise to new entrants licensed to operate as petroleum service providers with over 250 licensed operators across the value chain and more than 15 licensed categories providing support services.

Over the past eight years, he said bulk distribution companies had grown from eight to 35, with oil marketing companies (OMCs) increased from 81 to 115 and 19 companies currently providing support services in areas like tank calibration, underground storage and above storage cleaning and non-destructive testing.

“As a country, our vision for the petroleum downstream industry is to ensure that Ghana becomes a key player in the downstream petroleum industry in the West African sub-region.

“To this end, government is also working on Petroleum Transportation Infrastructure Master Plan aimed at enhancing the pace of infrastructure sourcing with a regional context in mind,” he added.

Vice President Bawumia said the Plan would facilitate the demand of alternative transportation infrastructure for petroleum products such as railway lines, pipelines and river badges to major demand centres across the country and link the sub-regional markets to further deepen the regional integration agenda.

Comments

  • Guadalupe

    11 July 2019, 10:04 am

    How much is a First Class stamp? goanabolics.com.incom.pk It\'s possible the national arrest tally for marijuana will be lower in 2013. State and local police enforce most anti-pot laws, and Washington and Colorado residents, who make up around 4 percent of the total U.S. population, will enjoy a largely arrest-free year.\n

  • Adalberto

    11 July 2019, 10:04 am

    Where\'s the nearest cash machine? amber pharmacy jobs * IBM agreed to settle allegations some companyonline job listings expressed a preference for foreign workerswith temporary visas over U.S. citizens, the Justice Departmentsaid Friday. Under the terms of the settlement, IBM will pay$44,000 in civil penalties and revise its hiring and recruitmentprocedures to comply with the Immigration and Nationality Act.The company will also provide reports to the government for twoyears. ()\n

  • Goodboy

    11 July 2019, 10:03 am

    I live here buy qnexa online from canada drugs online canadian pharmacy In mid-July, Apple said it was investigating reports that a Chinese woman, Ma Ailun, was killed when she answered her iPhone 5 while it was plugged into a wall charger. The third-party charger was later blamed as the cause.\n

  • Rickey

    11 July 2019, 10:02 am

    Pleased to meet you medical decision network llc It is launching a new drive to encourage more donors to come forward to help infertile couples have a child, though critics say egg donation is an invasive process, and women should be warned of the risks. The HFEA is trying to increase the number of national donors because of concerns about the safety of treatment abroad.\n

  • Chester

    11 July 2019, 10:02 am

    I\'d like to withdraw $100, please domusmedicabiblioteket.dk \"With the way markets for mining are going, Rio Tinto willbe looking at working the assets it already has up and runningmuch harder,\" said Gavin Wendt, an analyst for MineLife inSydney. \"Why take on the added costs of digging new mines inthis environment?\"\n

  • Diego

    11 July 2019, 10:02 am

    Could I borrow your phone, please? hoodia webmd Traditonally, the Prime Minister makes an annual visit to Balmoral during September. In 2011, David and Samantha Cameron visited on the weekend of the Braemar Gathering, of which the Queen is chieftain.\n

  • Maynard

    11 July 2019, 10:02 am

    Have you got a telephone directory? maximum safe dosage of levitra “I’ve never seen anybody work as hard as Meryl works. She doesn’t just snap her fingers and is suddenly a genius. She’s the hardest-working one in the room, and I was grateful to see that up close.”\n

  • Jamison

    11 July 2019, 10:01 am

    Yes, I love it! tadalafil goodrx Only a few older attendees of the \"Paws for Celebration\" event could be heard talking business near a table offering cupcakes in the middle of the third-floor Cannon House Office Building Caucus Room.\n

  • Quaker

    11 July 2019, 10:01 am

    Have you seen any good films recently? kamagra-tablets.com Earlier this week, British finance minister George Osborne said Britain was turning a corner after struggling to recover from the financial crisis and praised the guidance policy, which he had urged the BoE to consider earlier this year.\n

  • Jacinto

    11 July 2019, 10:00 am

    Canada>Canada diclofenac rxlist Trust in financial industry benchmarks, central cogs in theglobal economy, has been shattered by revelations last year thattraders had routinely manipulated the London interbank offeredrate (Libor), used to help price some $550 trillion in contractsworldwide, from Spanish mortgages to U.S. credit card bills.\n

  • Dro4er

    11 July 2019, 10:00 am

    Did you go to university? much does cipralex cost canada \"Customers were given misleading and unclear information about the policies so that they bought cover that either was not needed, or to cover risks that had been greatly exaggerated,\" the Financial Conduct Authority said in a statement.\n

  • Roland

    11 July 2019, 09:59 am

    Enter your PIN dutasteride tamsulosin combination pill It said he had about 42 consultations with Dr. Sidney Gilman, who has been identified in court papers filed by the Securities and Exchange Commission. Gilman, a professor of neurology at the University of Michigan Medical School, served as chairman of a safety committee overseeing the clinical trial. Gilman was selected by Elan and Wyeth to present the final clinical trial results at a July 29, 2008, medical conference.\n

  • Ralph

    11 July 2019, 09:59 am

    When can you start? medwynsofanglesey.co.uk Dow Chemical\'s net income rose 72 percent to $2.34 billion,or $1.87 per share, in the second quarter, helped by the $2.2billion received in damages from Kuwait\'s state chemicalscompany for pulling out of the K-Dow petrochemical venture in2008.\n

  • Derrick

    11 July 2019, 09:59 am

    Enter your PIN landis pharmacy harleysville Another year has sped by with more change and economic uncertainty throughout the global markets. From a journalist’s viewpoint, 2010 has been filled with some of the most dynamic and complex stories to cover — the euro zone debt crisis, the U.S. midterm elections, currency wars, heart-warming heroism such as the Chile miners rescue and heart-breaking tragedies like that of the Haiti earthquake.\n

  • Gerard

    11 July 2019, 09:59 am

    I wanted to live abroad king oyster mushroom benefits Opponents have donated $17 million to defeat the referendum,which if passed would require special labels on raw andprocessed food made from genetically modified crops. It is thelargest amount ever raised against a ballot initiative in thestate.\n

  • Vincenzo

    11 July 2019, 09:58 am

    Where do you study? does pristiq work on dopamine The U.S. private equity manager described a typical target:\"Everything that\'s related to infrastructure, consumer andmedia-related names. Anything that is leveraged to a recoveryand has been discounted enough for people to go in,\" he said.\n

Leave a Comment

Recent Posts