The National Petroleum Authority (NPA) has announced that Cylinder Recirculation Model (CRM) will be fully operational by the first quarter of 2023,
According to the NPA, this is to remove the activities of gas filling stations stemming from the gas explosion at the Atomic Junction in the Greater Accra Region.
A petrol tanker offloading products at the state-owned Ghana Oil Company (GOIL) station caught fire resulting in a large-scale explosion at the site of a Liquified Petroleum Gas (LPG) station located at Atomic Junction in the Madina Constituency of the Greater Accra Region on October 7, 2017.
The Chief Executive Officer (CEO) of NPA, Dr. Mustapha Abdul-Hamid after the announcement said the gas fillings stations will become exchange points where customers will have to exchange their cylinders for a filled one from the cylinder bottling plants.
“We are encouraging investors to venture into the cylinder bottling plant establishments in the county, particularly up north,” he said.
Dr. Abdul-Hamid said GOIL was also engaging in such initiative in the Kumasi metropolis of the Ashanti Region and one at Tema in the Greater Accra Region.
Dr. Abdul-Hamid added that the two bottling plants will come on stream by the first quarter of next year for the full implementation of the CRM exercise.
He expressed concern over the delay in rolling out the CRM exercise all these years.
He also revealed that four other companies have renewed their licences with the Authority to commence the processes for the establishment of the bottling plants.