The Tema Oil Refinery (TOR) says it is not true that it lacks the technical capacity to refine crude oil from the Jubilee Field.
Deputy Energy Minister Emmanuel Kofi Buah, in an interview during Multi TV’s special coverage of the first oil, repeated earlier comments by his ministry’s Public Relations Officer that the refinery was not in a position currently, to process Ghana’s crude.
“As you know, a refinery is set up for specific crude. A lot of tests need to be done, and a lot of engineering work has to be done [before TOR can refine the Jubilee Oil],” Mr. Buah said.
But TOR’s Public Affairs Manager, Aba Lokko, says the Deputy Minister’s submission cannot be correct.
“The Jubilee Oil falls within the kinds of crude that (TOR) can refine. The Jubilee Oil is the best stock of raw material that the refinery can use for its refining processes, so it is not accurate to say that TOR does not have the technical capabilities. If we bought the crude today, we could refine it today, we do not need to adjust any parameters at all to refine it,” she stated.
Mrs. Aba Lokko, however, emphasised that the government had a point in planning to market the product on the international market first.
“I agree with the government’s position that being a new crude and premium crude, as such, it needs to be marketed on the international market to give it the needed exposure.”
The TOR PRO said whether they would buy their crude oil from the Jubilee Fields would largely depend on the price of the commodity.