The MD of Tema Oil Refinery (TOR) Mr. Edmond Kombat has indicated that, they intend to commence refinery operations in October 2025.
He made this statement when officials of TOR appeared before the Parliamentary Committee on Energy to brief the Committee on their mandate, work plans for the year 2025 as well as their operational challenges.
The Chairman of the Committee and MP for Ho West, Hon Emmanuel Kwasi Bedrah, in his opening address indicated that,the engagement forms part of the Committee’s oversight responsibility of the agencies under the Ministry of Energy and Green Transition.
The MD in his presentation indicated that, they will continue with the Gantry and Terminal upgrade.
They will also complete ongoing projects commenced by the previous Administration as well as work on their debt and financial restructuring as well as retooling of their laboratory.
The MD made a special appeal to the Committee to help them resolve some of their challenges.
They include restructuring of their debts with the ESLA receivables,converting GOG debts into equity,reinstating the TOR portion of the ESLA Levy,allowing TOR to participate in the primary distribution margin,giving TOR a representation on the Laycan Committee among others.
Source: Myxyzonliine.com
