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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
Tema Oil Refinery (TOR) is increasingly turning to crude oil from West Africa as part of efforts to restore stable operations and support a long-term recovery plan, its managing director has said.
Speaking to journalists from the Africa Extractives Media Fellowship in Accra, Edmond Kombat said discussions were ongoing on how Ghana’s crude oil allocation could be structured to guarantee the refinery a more consistent supply of feedstock.
He said the move formed part of wider efforts to reposition the refinery after years of financial and operational difficulties.
Source: newsthemegh.com