Article may be outdated

This article is 60 days old. Some details may have changed since publication.

Ghana News Agency·3 min read·medium

Ghana News Agency

G
GNA
Ghana News Agency
✦AI Summary

President John Dramani Mahama has announced plans to expand the Tema Oil Refinery's capacity to 100,000 barrels per day. The initiative aims to restructure the facility to eliminate political interference and boost Ghana's industrial competitiveness.

Why it matters

Increasing domestic refining capacity is a critical step for Ghana's energy security and long-term economic transformation agenda.

✦Dive DeeperCreate a free account to unlock

Accra, Aug 01, GNA – President John Dramani Mahama has reiterated the Government’s commitment to expanding the production capability of the state-owned oil Refinery, Tema Oil Refinery Limited (TOR).

He has therefore directed Dr John Jinapor, the Minister of Energy and Green Transitions to work with the Board of Management of TOR to present government with a strategic plan to expand the capacity of the Refinery to 100,000 barrels a day.

He reiterated that they would also restructure the Tema Oil Refinery in order that would permanently eliminate political interference in its way; stating that the ambition was entirely consistent with the Government’s broader economic transformation agenda.

The President made the revelation in his remarks when he formally commissioned the refurbished TOR at the Tema industrial enclave.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in