Investors will be required to have a minimum of 30,000 cylinders as a prerequisite for a Liquefied Petroleum Gas (LPG) dealership, in new changes aimed at weeding out cartels and middlemen from the sub-sector.
Currently, an investor requires a minimum of 5,000 LPG cylinders to enter the business but the Energy and Petroleum Regulatory (Epra) now seeks to raise this six-fold to help deal with complaints by a section of industry investors that some middlemen were hijacking their equipment to profiteer.
