TEMA OIL REFINERY TO BE FULLY OPERATIONAL BY OCTOBER 2025
The Tema Oil Refinery (TOR) is expected to return to full operation by October 2025, a development that authorities believe will greatly lessen Ghana’s reliance on imported refined petroleum products. Source: Tema Oil Refinery While addressing Parliament’s Energy Committee, TOR’s Acting Managing Director, Edmund Kombat, revealed that Ghana presently spends around $400 million each month on fuel imports. He indicated that once TOR is fully functional, this cost could be reduced by over 50%. “We spend $400 million every month importing refined petroleum products. When TOR is running, we will need less than 60% of that money to import refined petroleum products,” Kombat told the committee. He stated that the refinery’s designated processing capacity is 45,000 barrels per stream day. However, with the addition of a new furnace, TOR is now capable of refining up to 60,000 barrels per day. Considering Ghana’s daily fuel consumption is about 100,000 barrels, the refinery has the potential to ...