Business News of Saturday, 4 April 2020Source: www.ghanaweb.comIntroducing new LPG levy is untimely – Alex MouldAlex Mould , Former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC)Former Ghana National Petroleum Authority boss Alex Mould is questioning the rationale behind the introduction of a new Liquefied Petroleum Gas (LPG) levy by the National Petroleum Authority. In a statement issued by Alex Mould and copied to Ghanaweb, he said “we understand the National Petroleum Authority (NPA) introduced a GHp 13.5 Cylinder Recovery Margin during the last Petroleum Pricing window. Below is the full releaseWe understand the National Petroleum Authority (NPA) introduced a GHp 13.5 Cylinder Recovery Margin during the last Petroleum Pricing window. The LPG Marketers have called for a withdrawal of this new LPG margin. Yet, the NPA continuously insists that the new LPG margin did not result in LPG price hikes.

Source: GhanaWeb April 04, 2020 19:07 UTC