Herbert Krapa, Minister of State in the Ministry of Energy, has indicated that the Tema Oil Refinery (TOR) will begin operations within the next three months.
Mr. Krapa stated that the resume date was agreed upon by TOR management. He reiterated the government’s commitment to securing TOR production, noting that a strategic partner for the refinery is being recruited and that the process would be finished shortly so that TOR may begin operations.
The Minister of State for Energy made the news in a Facebook post during a working visit to TOR and Sentuo Oil Refinery on Tuesday, July 23, 2024.
In his post, Mr. Krapa stated, “Earlier today, I paid working visits to Tema Oil Refinery and Sentuo Oil Refinery. I am happy to announce that together with the Management of TOR, we agreed on a three-month timeline for the resumption of the plant.
“I also announced the government’s plan to immediately revive TOR’s Testing Laboratory for revenue generation. I charged both TOR and Sentuo to see each other as partners and collaborate for the growth of both refineries.”
During his visits, he called for the support of all stakeholders to revive the facility.
“There is no gain in saying TOR needs all our support, and attention and we all need to put our hands on deck it is for these reasons that I chose TOR to be my first official visit to the institutions that work under the ministry. I don’t think it’s late in the day.”
The facility is currently led by the Managing Director, Kofi Tagoe Mocumbi.
TOR shut down operations several years ago due to a lack of crude oil which serves as the raw material for the refinery.
Before its collapse, the refinery had the capacity to refine about 45,000 barrels of crude oil a day.
However, some stakeholders in the oil value chain are concerned that the non-operationalization of the refinery is also affecting the price of imported fuel.
