The Ghanaian government has declared its intention to review TOR’s operations.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Government of Ghana has announced plans to reassess the operations of the Tema Oil Refinery (TOR) as part of efforts to revamp the facility, with a strong emphasis on Ghanaian participation.

This initiative aligns with the country’s local content policy, which seeks to empower indigenous businesses in key economic sectors and enhance national capacity in the petroleum industry.

Minister for Energy and Green Transitions, John Jinapor, has been engaging industry stakeholders, emphasizing the need for local entrepreneurs to take a leading role in any restructuring or investment efforts at the refinery.

Source: newsthemegh.com