Ghana: Tema Oil Refinery, GNPC Hold Talks On Government Plan For Local Crude Allocation

The management of Tema Oil Refinery (TOR), led by Managing Director Edmond Kombat, and the Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Ntow Amoah, met on Monday to discuss the government’s plan to allocate locally produced crude oil to the refinery for processing.

Also present were TOR Deputy Managing Director Alhaji Mustapha B. Abubakar and his GNPC counterpart, Michael Aryeetey.

In a social media post, TOR said the discussions covered energy infrastructure, crude oil supply in line with the president’s vision and other strategic priorities to support the refinery’s long-term operations.

The refinery said the meeting provided an opportunity for the two state-owned entities to exchange views on developments in the energy sector and explore areas for closer collaboration to support a sustainable and competitive downstream petroleum industry.

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“The engagement was another step in building the relationships needed to support the refinery’s long-term operations and a more sustainable energy value chain. It also ended on a positive note, with both entities expressing their readiness to work together to achieve their shared objectives,” TOR said.

In June, Sentuo Oil Refinery, a joint venture between the Government of Ghana and China’s Sentuo Group, received one million barrels of crude oil from Ghana’s Jubilee field for processing.

TOR is also expected to receive a similar consignment later this month.