The Chamber of Oil Marketing Companies (COMAC) and the Chamber of Bulk Oil Distributors (CBOD) are demanding an immediate cease of all disbursements to the Ghana Cylinder Manufacturing Company (GCMC) from the LPG Fund.
They warn that any continued allocations could undermine the legal framework governing downstream LPG infrastructure financing.
In a statement dated February 18, 2026, the two industry bodies condemned what they describe as an unlawful diversion of resources from the LPG Fund to Ghana Cylinder Manufacturing Company, arguing that such action breaches the statutory mandate underpinning the fund and threatens investor confidence in Ghana’s downstream petroleum sector.
The LPG Fund was established under Legislative Instruments LI 2262 (as amended) and LI 2481 and implemented by the National Petroleum Authority in April 2024.
The fund is structured around clearly defined margins which include USD 44 per metric tonne for bottling plant development and USD 36 per metric tonne for cylinder investment to support the nationwide rollout of LPG bottling plants and the Cylinder Recirculation Model (CRM).
According to COMAC and CBOD, these allocations are legally ring-fenced to finance the construction and operation of LPG bottling plants, the implementation of the CRM and the systematic withdrawal of unsafe cylinders from circulation.
They contend that redirecting the funds to Ghana Cylinder Manufacturing Company falls outside these legally binding objectives and risks weakening Ghana’s broader LPG safety and distribution architecture.
Beyond the legal concerns, the chambers warn of significant economic consequences. They argue that private sector operators who invested heavily in anticipation of consistent policy execution now face heightened uncertainty, while thousands of jobs across the downstream value chain could be exposed to risk if planned infrastructure projects stall.
They further caution that any perceived weakening of statutory guarantees could dampen both domestic and foreign investor appetite in Ghana’s energy sector, particularly at a time when the country is working to expand LPG access and deepen private participation in midstream and downstream infrastructure.
The two chambers are also calling for the reversal of any allocations already made to Ghana Cylinder Manufacturing Company from the LPG Fund and are urging government to publicly reaffirm the fund’s original mandate.
In addition, they are pushing for enhanced transparency measures, including regular public reporting and independent audits of fund utilization.
COMAC and CBOD indicate they are prepared to pursue policy and legal avenues to safeguard the integrity of the LPG Fund structure, signaling potential escalation if their concerns are not addressed.
