Ghana’s Energy Minister, Dr Matthew Opoku Prempeh has inaugurated the reconstituted board of the Tema Oil Refinery.
The eleven-member Board, chaired by Mr Leon Kendon Appenteng, was inaugurated at the Ministry of Energy, Accra, on Tuesday, March 26, 2024.
Other members of the Board are Dr. Antoinette Tsiboe-Darko, Mrs Edith Sapara Grant and Nana Akua Bakoma Prempeh.
The rest are Mrs Loraine Crabbe Ababio, Mr Alfred Thompson, Mr Joseph Mensah Browne, Mr Kwame Baffoe, Mr Herbert Ato Morrisson and Kofi Mocumbi Tagoe, the new Managing Director of TOR.
Inaugurating the Board, Energy Minister Dr Matthew Opoku Prempeh charged the members to use their good offices to champion the drive to bring in new strategic partners to help make the company viable and responsive to the challenges and opportunities of the time.
“The Tema Oil Refinery has a longstanding and chequered history that I am sure we are all familiar with. Indeed, two years ago this month, I had the duty of inaugurating a substantive board after and Interim Management Committee had replaced an earlier substantive board. In spite of several interventions in the past, TOR seems to remain in distress. This cannot, and must not continue,” the Minister said.
He continued, “There is enough demand in the country for what TOR’s core mandate stands for, and I urge you to see new entrants into the market more as your collaborators than your competitors per se.”
He urged TOR to make it a deliberate effort to ensure that it becomes a modern day 21st century organisation centered on profit-making as a state-owned company supporting the government of the day.
“I urge you to be mindful that demand is not stagnant, and TOR must work hard towards becoming a viable player in this industry and to take advantage of the demand for your services,” he concluded.
Source: https://energynewsafrica.com
