President John Dramani Mahama has reiterated the Government’s commitment to expanding the production capability of the state-owned oil Refinery, Tema Oil Refinery Limited (TOR). He has therefore directed Dr John Jinapor, the Minister of Energy and Green Transitions to work with the Board of Management of TOR to present government with a strategic plan to expand the capacity of the Refinery to 100,000 barrels a day. He reiterated that they would also restructure the Tema Oil Refinery in order that would permanently eliminate political interference in its way; stating that the ambition was entirely consistent with the Government’s broader economic transformation agenda.
The President made the revelation in his remarks when he formally commissioned the refurbished TOR at the Tema industrial enclave. The commissioning also marked the processing of one million barrels of locally produced Jubilee Field Medium Sweet Crude oil into finished products by the facility. President Mahama noted that the rehabilitation of the Crude Distillation Unit (CDU), the restoration of the residual fuel fluid catalytic cracking units, the installation of the new F-61 crude heater, and the return of boiler number eight to service represent much more than simple engineering achievements.
He added that they represent renewed confidence in Ghana’s industrial capability and our determination to invest in infrastructure that served generations yet unborn. “Our vision for Tema Oil Refinery extends far beyond the successful refurbishment of these facilities. We do not intend merely to keep TOR operating, we intend to make it all more competitive.
We intend to make it all more efficient, and we intend to make it all more commercially viable,” the President said. “Indeed, we intend to position it as a strategic driver of Ghana’s industrial future. That is why today’s ceremony should not be viewed as the end of the restoration programme.” Adding that it marks the beginning of a bigger national ambition to build an integrated petroleum industry that serves their domestic economy, supports regional trade, and contributes meaningfully to Africa’s industrial relations.
President Mahama said as they implement the 24-Hour Economy initiative and the Accelerated Export Development Programme, institutions such as TOR would play an increasingly central role in expanding industrial production, supporting… President John Dramani Mahama has commissioned the refurbished Crude Distillation Unit (CDU) of the Tema Oil Refinery Limited (TOR), bringing the strategic state-owned Oil Refinery back into full operation. President Mahama in his remarks noted that the rehabilitation of the CDU, the restoration of the residual fuel fluid catalytic cracking units, the installation of the new F-61 crude heater, and the return of boiler number eight to service represent much more than simple engineering achievements.
“Every investment made here strengthens our national resilience. Every improvement in refining capacity reduces our dependence on imported petroleum products,” the President stated. He said bringing the TOR back into the production line was fulfillment of the vision of Ghana’s first President Osagyefo Dr Kwame Nkrumah.
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