Cooking gas dealers upstage multinationals in market shareCooking gas cylinders at Heshima trading center in Nakuru town. [Kipsang Joseph/Standard]Small companies dealing in cooking gas have over the last two years nearly dislodged major oil marketing firms in investments in the liquefied petroleum gas (LPG) refilling business.Their growth now seems poised to snatch the larger share of the market from the industry’s big boys. There has been a push to control the price of cooking gas, a move that EPRA said might not be ideal. There have, however, been reports that LPG dealers are making a killing in the liberal environment devoid of price controls. Even with costs such as running a retail outlet, the marketers are still making a handsome profit from the sale of cooking gas.

Source: Standard Digital January 14, 2020 07:30 UTC