The Tema Oil Refinery (TOR) has announced that its proposed expansion programme could help reduce petroleum product prices in Ghana while increasing the country’s capacity to meet domestic fuel demand and supply neighbouring markets across the Sahel region.
Deputy Managing Director of TOR Ltd., Alhaji Mustapha Batalima Abubakar, said the refinery was pursuing plans to expand its processing capacity to ensure a reliable supply of quality petroleum products at more competitive prices.
According to him, increasing TOR’s refining capacity would enable the company to provide affordable petroleum products to consumers while strengthening Ghana’s position in the West African petroleum downstream industry.
“Our aim is to provide quality petroleum products at cheaper prices to consumers,” he stated.
TOR Seeks Dedicated Funding for Refinery Expansion
Alhaji Abubakar called for a dedicated funding arrangement to support the refinery’s expansion plans, explaining that additional investment would help restore and strengthen its operational capacity.
He noted that expanding production would enable TOR to meet Ghana’s growing demand for petroleum products while creating opportunities to supply fuel to neighbouring countries, particularly across the Sahel region.
The Deputy Managing Director made these remarks at the Ghana Petroleum Downstream Policy Forum organised by the Africa Centre for Energy Policy (ACEP) in Accra on November 5, 2026.
TOR Has Refined Five Million Barrels of Crude Oil
Providing an update on the refinery’s operations, Abubakar disclosed that TOR had so far processed approximately five million barrels of crude oil.
He also highlighted the refinery’s strategic contribution to Ghana’s energy sector, noting that the facility produces all the country’s premix fuel and supplies aviation fuel.
Beyond supporting Ghana’s petroleum supply chain, TOR plays an important role in employment creation, providing thousands of direct and indirect jobs across various sectors of the economy.
He believes restoring the refinery to full operational capacity would generate additional employment opportunities, particularly for young engineers, technical graduates and other skilled professionals.
Government Urged to Support Full Restoration of TOR
The TOR Deputy Managing Director called on the government, regulatory institutions and civil society organisations to maintain their support for initiatives aimed at restoring the refinery to full operational capacity.
He stressed that strengthening the refinery would improve Ghana’s energy security, reduce dependence on imported refined petroleum products and enhance the country’s ability to serve regional fuel markets.
A fully operational TOR could also contribute to industrial development, employment generation and improved competitiveness within Ghana’s downstream petroleum industry.
ACEP Forum Discusses Ghana’s Petroleum Downstream Sector
The Ghana Petroleum Downstream Policy Forum brought together policymakers, regulators, industry stakeholders and civil society organisations to discuss reforms and strategies for improving Ghana’s petroleum downstream industry.
Key discussions focused on regulatory reforms, financing arrangements and policy measures needed to strengthen the sector and improve its long-term sustainability.
TOR’s proposed expansion remains a significant part of broader efforts to improve domestic petroleum refining, strengthen fuel supply security and position Ghana as a major petroleum products supplier within the West African and Sahelian markets.
Source: newsthemegh.com