Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) have strongly criticised what they describe as the unlawful diversion of money from the Liquefied Petroleum Gas (LPG) Fund to the Ghana Cylinder Manufacturing Company (GCMC).
In a joint statement, the two industry bodies said the alleged reallocation of funds amounts to a breach of the law and threatens the integrity of Ghana’s LPG safety and infrastructure framework.
They argued that the LPG Fund was established for clearly defined purposes and was never meant to serve as a discretionary pool of money for unrelated interventions. According to them, channeling resources to GCMC does not constitute administrative flexibility but rather a violation of the fund’s statutory mandate.
The chambers further warned that diverting the funds could stall key investments in the LPG sector, weaken competitiveness, and undermine confidence in the country’s energy policy framework.
COMAC and CBOD are demanding immediate corrective action, including the cessation of all disbursements to GCMC from the LPG Fund and the restoration of any monies already allocated.
They also want authorities to reaffirm that the fund will strictly support approved objectives such as bottling plant development, Cylinder Recirculation Model (CRM) rollout, and the withdrawal of unsafe cylinders.
Additionally, the groups are calling for enhanced transparency, including quarterly public reports on the use of the fund, backed by independent audits.
They insist their demands are not merely industry preferences but legal and moral obligations necessary to safeguard the future of Ghana’s LPG sector.
