No more scarcity of cooking gas
The Director General of the Hydrocarbons Prices Stabilisations Fund revealed the good news as he received New Year wishes in Yaounde.
There is good news for households. This year, people will not have to carry cooking gas bottles on their heads and move for long distance in search of gas. The General Manager of the Hydrocarbons Prices Stabilisations Fund (HPSF), Ibrahim Talba Malla, last Friday, announced that the company will pursue its projects such at the safe supply of Liquefied Natural Gas (LNG) due to the implementation of a second reservation system of the product.
This sustainable policy of gas supply reservation put in place by HPSF will help prevent the shortage of cooking gas in the country. As the General Manager and his assistant, Emmanuel Alam, received New Year wishes from their close collaborator last Friday in Yaounde, the General Manager said 2010 is a year full with hope at the Hydrocarbons Prices Stabilisation Fund especially as the company will continue with the construction of a liquefied Natural Gas (LNG) plant and terminal in Kribi in partnership with the National Hydrocarbons Company (SNH) as well as launching of a feasibility studies to build a gas plant in Bertoua, of which the construction proper is envisaged for 2011.
Cameroon Tribune
Mr director,we want to see it by action.stop flattering Cameroonians as you receive more powers to embezzle more money.it’s shameful what we see in news papers seeing people carrying bottles of gas from one place to another.
we have gas naturally nearly every where in Cameroon. The real thing to do here is to free the sector from being a monopoly as is the case now so that the prices of gas should be affordable. The problem is not the availability. There are times when a bottle of gas sells for as much as 9000frs cfa. With all the resources? Availability is good, but cost must be reasonable for all.
Rexxy, well said. Availability is good but let’s focus on the price. Mr director, make it more affordable. Thanks.
2008 analysis done for Biya’s government that takes into account wages, availability of the product and potential usage suggest a price of 5,225 CFA per bottle (at a 2.7% inflation), so anything in excess of this figure is a rip-off.