Macumba Tagoe, the newly-appointed Managing Director of the Tema Oil Refinery (TOR) says the Refinery will resume refining crude in the next three months.
The Managing Director of the Tema Oil Refinery, which can refine 45,000 barrels per stream daily, was addressing a section of the media in Tema, during a visit to the Refinery by the Minister of State to the Ministry of Energy, Herbert Krapa, on Tuesday, July 23, 2024.
Keeping the strategy his administration had devised to revive the facility to his chest, the MD informed the press that, “We’re going to start our plant. We are going to get the Crude Distillation Unit (CDU) started and functional. In about a year, the Residual Cataractic Cracker will also start working, as well as the PRF.”
Continuing, Macumba Tagoe explained that the new management’s systematic plan would lead to the evolution of the crude processing capacity of the refinery from 45,000 barrels per stream daily to 100,000 per stream daily.
The Tema Oil Refinery has been nonfunctional for several years and attempts by the government to revive it have failed, given the lack of transparency in the selection process of a strategic partner.