Tag: Energy pricing
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Why Prepaid Electricity Units Change Even When You Pay the Same Amount
Introduction: The mystery of prepaid units For many Kenyan households relying on prepaid electricity, paying the same amount of money can yield different numbers of units at the meter. This inconsistency isn’t a sign of fraud; it reflects the complex way prepaid tariffs, taxes, and billing rules interact with your usage. By understanding the main…
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Global LNG Supply Surge Signals Near-Term Price Slump
Global LNG Supply Surge Sets the Stage for a Price Shakeout The global liquefied natural gas (LNG) market is poised for a notable shift as new export projects come online and existing facilities ramp up production. Analysts cited by Reuters project a roughly 10% year-on-year increase in global LNG supply, potentially moving the market from…
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No Time for Kenkey Parties: COPEC Boss Warns Against Economic Complacency Despite Recovery
Introduction: A Warning That Recovery Needs Guardrails Ghana’s economic recovery, though promising on the surface, has not earned a triumphal roar from the nation’s petroleum watchdog. Duncan Amoah, Executive Secretary of the Chamber of Petroleum Consumers (COPEC), cautioned that the island of recovery is not a free pass to loosen fiscal discipline. While the worst…
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No Time for Kenkey Parties: COPEC Boss Warns Against Economic Complacency Even as Recovery Shines
Warning Signals Amid a Tepid Recovery The executive leadership of Ghana’s energy sector is urging the nation to stay vigilant even as economic indicators improve. Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), stressed that while the worst of the fiscal storm may be behind us, there is no room for…
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LPG Cylinder Price Hike Hits Businesses This Festival Season
Festival-season LPG price revisions and who they affect In a move that mirrors global crude trends, public sector oil marketing companies (OMCs) in India hiked the price of commercial LPG cylinders (19 kg) during the festival season. The latest revision raised the consumer price by ₹15-15.5, lifting the Kerala average to around ₹1,623.5 in Thiruvananthapuram,…