LPG consumption declines by 4.47% [Video]

There is an overall decline of approximately 4.47% in Liquified Petroleum Gas (LPG) consumption from January 2020 to December 2023, compared to a growth of roughly 6.43% in the preceding four-year period, spanning January 2016 and December 2019, the Institute for Energy Security(IES) has revealed.

Over the period, November 2020 recorded the highest monthly consumption of a little over 35 million kilogramme while April 2023 was found to record the lowest monthly consumption.

“From 2020 to 2023, the total annual LPG consumption in Ghana fluctuated, with a peak in 2021 (345,478,919 kilogramme), and a decrease in 2022 (305,076,209 kilogramme); while monthly consumption also witnessed fluctuations, with some months showing higher consumption than others”, it explained.

“There appears to be some seasonality in consumption over the period analysed, with August, September, and November consistently exhibiting higher consumption figures above 28 million kilogrammes on average, and February and April identified as consistently …