The collapsed Tema Oil Refinery (TOR) is expected to restart operations within the next three months, according to plans as disclosed by Herbert Krapa, The minister of State at the Ministry of Energy.
In a Facebook post following his visit to the Tema Oil Refinery (TOR) and Sentuo Oil Refinery on Tuesday, July 23, 2024, the minister announced efforts to find a strategic partner to revitalize TOR. He emphasized that the goal is to bring TOR back to full operational capacity, and an agreed timeline for this resumption has been established in coordination with TOR management.
“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,” Krapa added.
In addition, he said, “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 Tema Oil Refinery (TOR), led by Managing Director Kofi Tagoe Mocumbi, shut down a few years ago because of a lack of crude oil, which is a necessary raw material for refining. TOR was able to handle about 45,000 barrels of crude oil per day before it closed.
Oil sector participants have expressed disapproval of the refinery’s closure, blaming the nation’s high fuel prices in part on the dependence on imported fuel to replace domestic production.
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