Skip to main content

TOR bounces back


By: Fred Yaw Sarpong

The Tema Oil Refinery (TOR) bounces back after it was close down a year ago for restructuring, Daily Express has learnt.

Mr. Awuah-Darko gave the assurance when the Minister for Petroleum, Mr. Emmanuel Armah-Kofi Buah paid a visit to the company.

The Minister led a delegation from his ministry and the National Petroleum Authority (NPA) to TOR and other refineries to know what is going in his sector.

According to Mr. Awuah-Darko TOR is running at a low capacity, however the company is ready to be on it fit to commence operation. There are numerous benefits the nation can derive from TOR.

The sector Minister, Hon. Buah announced Governments effort to revamp the Tema Oil Refinery (TOR) back to its former glory.

The delegation was received by the Board of Directors of TOR and both parties discussed the progress of work done so far with respect to the comprehensive restructuring process currently being carried out at the company.

The Minister urged the Board of Directors and the Management of TOR to work hard to ensure that the restructuring process is completed on time.

He also stated that the Ministry of Petroleum plan is to make sure that TOR start full operation this year. He emphasized the need for TOR management to have a clear road map for the revival of the company. “The full operationalization of TOR is key for a deregulated downstream sector,” he added.

The Board Chairman of TOR, Dr. John Frank Adu thanked the Minister for his continues support and reassured him of the board’s commitment to restore TOR.

According to the CEO of NPA, Mr. Moses Asaga the NPA is also mandated to promote investment in the downstream sector hence restructuring TOR plays a key role in attracting more investment in the downstream sector. 

He said the NPA is a statutory agency regulating, overseeing and monitoring the petroleum downstream industry in Ghana to ensure efficiency growth and stakeholder satisfaction.

Last year, the workers of Tema Oil Refinery (TOR) agreed to commits 20% of their November salaries into the operation of the company. 

Initially management decided to spread the 20% for a maximum of four months (5% per a month), however, the workers proposed 20% to be taken from their November salaries.


Tema TOR Refinery (TOR) Limited is Ghana’s only refinery established in 1963 to enhance the country’s economic, investment and development programs.

Comments

Popular posts from this blog

Shortage of weighing cards hit major hospitals in Accra

By: Fred Yaw Sarpong- Daily Express There is scarcity of Child Health Records Book (weighing cards), in some major public hospitals in the capital, information reaching the Daily Express indicates. Checks by this paper revealed that while some of the hospitals have being encountering the shortage for about a year now, others started experiencing it six months ago. In place of the Child Health Record Book (weighing card), the nursing mothers are given a single card on which information of children are recorded on it. Those hospitals identified are the Korle Bu Teaching Hospital, Korle Bu Polyclinic, Kaneshie Polyclinic, Adabraka Polyclinic and the Ridge Hospital. At the Korle Bu Teaching Hospital, the nursing mothers are given yellow cards in place of the weighing cards. The Public Relations Secretariat at the Korle Bu Teaching Hospital said such information has not come to their notice and for that matter they cannot comment on it. “We do not have some

ABL launches chibuku super in Bolgatanga

By: Fred Yaw Sarpong sarpong007@gmail.com Accra Brewery Limited (ABL) has officially launched the Chibuku Super drink at Bolgatanga in the Upper East region with the aim of reaching a lot of customers. Mr. Thomas Nii Ponku, Supervisor in charge of Chibuku Super at ABL told Daily Express that the management decided to launch the Chibuku Super drink in the Upper East region because they’ve realized it is similar to a traditional drink in the region. “Chibuku is like a well developed pito, a traditional drink made from fermented millet or sorghum in the Northern part of Ghana. So the idea is to provide them with similar drink,” he added. Mr. Nii Ponku disclosed this when members of the Institute of Finance and Economic Journalists (IFEJ) toured the facility of ABL to acquaint themselves with the expansion project at the factory. He mentioned that after a feasibility study, they realized there is a potential market for the product in the northern part of Ghana

90 African Journalists entertain by Disney Africa

By: Fred Yaw Sarpong- Daily Express Mauritius Disney Africa welcomed 90 journalists from across Africa to their first ever showcase to media from the continent, at this year’s Multichoice Africa Content Showcase Extravaganza. On Thursday 3 September, guests received a Disney Movie ticket which gained them entry to the special outdoor screening, set under the stars on the lawns of the idyllic Outrigger Beach Resort in Mauritius . After receiving their own Disney picnic basket and blankets, full of delicious treats and filling food, the guests made their way to the seating area, replete with comfortable chairs and loungers. Once the Disney fans were settled, the vast outdoor screen lit up and the evening’s festivities were well under way. A welcome speech by Deirdre King, Head of Marketing for the Walt Disney Company Africa, preceded the screening of two animated shorts. The first, the Academy Award-nominated Get a Horse, featured Disney favourites like Mickey, Minni