The National Petroleum Authority (NPA) has indicated that the Cylinder Recirculation Model (CRM), which is to be implemented by the authority, will only have indigenous Ghanaian companies as implementation partners.
Cabinet on April 4, 2018 approved a local content policy which would allow only Ghanaian companies to operate under the CRM.
Mr Alhassan S. Tampuli, Chief Executive Officer of NPA, who disclosed this at a media sensitisation workshop on CRM, held in Accra yesterday, said: “We are minded by the local content policy, which identifies operation such as this one to be reserved for Ghanaian equity participation of 100 per cent. So if you are not a Ghanaian, you will not be given license to operate in this industry as far as the CRM is concerned.”
So far, he said 18 companies have applied for licencing, with one being a foreign company.
He explained that the company wants to operate as a free zones company that would produce in the country, but cannot sell the products in Ghana.
The National Petroleum Authority (NPA) is seeking to move away from the old model of gas filling to a new model, which would see the building of bottling plants that will fill cylinders for distribution at approved cylinder exchange points.
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