The LPG Marketing Companies Association is urging the National Petroleum Authority (NPA) to suspend the implementation of its newly introduced $80 per metric ton (MT) tax on LPG.

This tax is part of the Suppliers’ Premiums, specifically designated for Bottling Plant and Cylinder Investment Margins, a move the association believes is ill-timed.

The association argues that consumers are already grappling with the high cost of living in the country, and the new tax will only add to their burden.

The NPA announced its decision to levy a new tax on LPG as part of its recent revision of pricing structures, effective from April 1, 2024.

However, Gabriel Kumi, Vice President of the association, expressed his concerns about the timing of the new tax during an interview on MarketPlace on Joy News, describing it as unfortunate.

“In the coming days, we will be appealing to the NPA to take measures to remove this levy. The timing is so wrong and Ghanaians are already suffering and LPG consumption is declining. We can’t add salt to injury in this manner”, he said.

The association also indicated that it will fearlessly resist the new tax should the NPA go ahead with its implementation.