The 2018 CBOD Industry Report reviews the 2018 fiscal year and, for the first time, is structured in six chapters with the introduction of a review of the gas sector by the African Centre for Energy Policy (ACEP). As with previous reports, it reviews the policy, finance, market and infrastructure sectors and issues relative to the period under review and its recent relevant information as at the time of publishing. It also shares an outlook and recommendations on the downstream market and its happenings

The LPG promotion policy remained the most dominant medium-term policy intervention for the downstream. It is core to Government’s strategy to improve safety and LPG penetration. The report anticipates the likelihood of an upward pressure on pre-tax prices of LPG and disruptions in the marketing and retailing structure of the LPG industry. It also projects significant disruptions in the retail market structure for LPG. The LPG Marketing Companies’ (LPGMCs) dominance of the market (62% share) is expected to be threatened by the more consumer-friendly Oil Marketing Companies (OMCs) (38% share) which are generally more accessible, by virtue of their location and significantly outnumber the LPG outlets by a ratio of about 5:1.