The amount of LPG used in Ghana increased by a small 4% in 2023.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Despite facing significant challenges in 2022, Ghana’s Liquefied Petroleum Gas (LPG) consumption saw a modest increase of 4% in 2023.

 According to recent data by the Ghana Chamber of Bulk Oil Distributors’ 2023 Industry Report, LPG consumption rose from 305,076 metric tons in 2022 to 317,465 metric tons in 2023.

The surge is attributed to a rebound in economic activities in 2023 after a slow-down in 2022, when the rapid depreciation of the cedi led to negative growth in LPG consumption.

Source: newsthemegh.com