LPG industry urged to act on non-binding market inquiry findings
South Africa’s Competition Commission has made far-reaching, yet non-binding, recommendations for dealing with prevailing “market distortions” in the domestic liquid petroleum gas (LPG) sector following its first-ever market inquiry, which took nearly three years to complete. The report identifies serious policy and regulatory misalignments, which are crimping both the production of LPG by existing refineries,…