Ghana: TOR Will Process Ghana’s Crude If We Win Power In December-Former Minister

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A former Deputy Minister for Power under the erstwhile National Democratic Congress administration, John Jinapor has described as false claims that the Tema Oil Refinery (TOR) cannot refine crude oil from the country’s oil fields.

According to him, during the erstwhile NDC administration led by Mr John Dramani Mahama, an arrangement was made for TOR to process crude oil from Ghana’s oil fields.

“Our belief in accelerated development through value addition led us to reposition BOST and TOR. We, further, secured two million barrels of Ghana’s crude oil from the TEN fields to be processed by TOR.

“Unfortunately and sadly, our sterling performance in the oil and gas sector have been derailed by the incompetent, greedy and corrupt Akufo-Addo government and his cabal of family and friends.”

Speaking at a public forum organised by the opposition party, NDC, in reaction to the governing party’s Town Hall programme on Tuesday, the Yapei Kusawgu legislator said if NDC gets the opportunity to return to power, it would ensure that TOR is retooled.

“We shall also ensure value addition by resourcing, retooling and repositioning TOR to refine the crude oil for domestic consumption,” he stated.

He accused the governing party of engaging in some deals for their parochial interest.

According to him, in 2017, the NPP formed a company known as Stratcom Energy and till date, it delivers most of Ghana’s petroleum products.

“First of all, petroleum products or petrol or diesel or LC is a pass through, so it has nothing to do with capacity charges. And because of the regulation that we implemented, we are dealing with all forex losses. Do you know what they did? They took GHc300 million out of this money under the guise of capacity charges,” he explained.

 

 

 

Source: www.energynewsafrica.com

 

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