Global commodity trader Glencore delivered 1 million barrels of crude oil sourced from Tullow Oil to Ghana’s Sentuo Oil Refinery earlier this year for processing, a refinery official told Energy News Africa.
The official said the refinery had agreed with Glencore to secure regular supplies of locally produced crude to sustain its operations.
“It is not a one-off thing. It is going to continue,” the official said.
Tullow, which operates Ghana’s Jubilee and TEN oil fields, recently confirmed the arrangement during a virtual meeting with investors following the release of its half-year results.
Chief Financial Officer Richard Miller said the deal was agreed on commercial terms and described it as an important step for Ghana’s oil industry.
Financing arrangements had also been put in place to support the initiative and ensure the transactions were commercially viable, he said.
Miller said Sentuo had become an important buyer of Ghanaian crude, purchasing oil from Tullow and other partners in the country’s oil fields.
The development comes as Tullow expects to increase its crude oil liftings this year.
The company plans to lift 14 cargoes in 2026, comprising 11 from Jubilee and three from TEN. The Jubilee total is two cargoes higher than its November 2025 forecast.
Tullow lifted six cargoes in the first half of the year and expects to lift another eight in the second half.
The company said increased domestic crude sales could strengthen links between Ghana’s oil production and refining sectors as efforts continue to improve refinery operations.
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