Mmegi

BERA moves to regulate LPG pricing

In demand: LPG is one of the country’s fastest growing energy sectors PIC.TG
In demand: LPG is one of the country’s fastest growing energy sectors PIC.TG

The Botswana Energy Regulatory Authority (BERA) expects by December to finalise a framework that provides for the regulation of prices charged by the Liquified Petroleum Gas (LPG) suppliers, as consumers complain about uneven pricing in the key industry.

The country's annual usage of the gas has soared above 21 kilogrammes, as more rural consumers switch from firewood. However, the sector has been unregulated in terms of pricing and with just five importers responsible for all the products coming into the country, consumers have complained of arbitrary pricing and possible collusion.

BERA director of Economic Regulations, Batsumi Rankokwane, told BusinessWeek the regulator has developed Terms of Reference for a service provider who will help develop the pricing framework.

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