Audio By Carbonatix
Workers at the Tema Oil Refinery (TOR) are expressing fears that the $30 million government has released to resume production at the site will go waste if President John Mahama does not lead a campaign to get rid of the top politicians who are deliberately running the refinery down for private gains.
They allege that these officials own or have huge shares in bulk distribution companies and profit from renting the TOR’s storage facilities to hold their imports.
TOR workers suspect the so-called mafia is behind ECO Petroleum, Fuel Trade and Shelico, among other firms.
As they wait to resume production this weekend, the workers’ leadership declared its intention to explore all avenues to protect the workers’ interests.
Joy News’ Eric Ahianyo has been investigating the TOR situation and reports that Chairman of the Senior Staff Workers Union Daniel Fugah and Head of the Local Workers Union Emmanuel Eduah Offoh consider the situation dire.
At full capacity, the Tema Oil Refinery produces 45,000 barrels per day, which is about 60 percent of Ghana’s current fuel demand.
Since its establishment 50 years ago, it has undergone two major expansions, first in 1997 when the Crude Distillation Unit increased capacity from 28,000 to 45,000 barrels per day and again in 2002 when the Residual Fluid Catalytic Cracker (RFCC) was built.
With the RFCC at full capacity, the Refinery can meet all the country’s LPG, Aviation Fuel and kerosene needs.
Workers say TOR’s huge debt, now estimated at around $300 million, could have been avoided if politicians had not micromanaged the facility’s operations.
They claim the facility is being deliberately run down by businessmen with top political links so they can sell it to themselves.
They say they are tired of arm-twisting for cheap political gains and are gearing up for a faceoff with the so-called mafia.
Managing Director of the Refinery Ato Ampiah has denied knowledge of any such mafia.
He said the major problem facing TOR is the continuous under-recovery due to subsidies on petroleum prices.
He said with the current production levels, there is a need to rely on companies to import finished products to cover shortfalls in production.
He is convinced that with full cost recovery and proper investment, the facility will operate at full capacity.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Anthony Joshua discharged from hospital after fatal road crash
2 hours -
Trump media firm to issue new cryptocurrency to shareholders
2 hours -
Ebo Noah arrested over failed Christmas apocalypse and public panic
4 hours -
‘Ghana’s democracy must never be sacrificed for short-term politics’ – Bawumia
4 hours -
Bawumia congratulates Mahama but warns he “cannot afford to fail Ghanaians”
4 hours -
CICM backs BoG’s microfinance sector reform programme; New Year Debt Recovery School comes off January-February 2026
4 hours -
GIPC Boss urges diaspora to invest remittances into productive ventures
4 hours -
Cedi ends 2025 as 4th best performing currency in Africa
4 hours -
Fifi Kwetey brands calls for Mahama third term as ‘sycophancy’
4 hours -
Bawumia calls for NPP unity ahead of 2028 elections
5 hours -
Police restore calm after swoop that resulted in one death at Aboso
5 hours -
Obaapa Fatimah Amoadu Foundation launches in Mankessim as 55 artisans graduate
5 hours -
Behold Thy Mother Foundation celebrates Christmas with aged mothers in Assin Manso
5 hours -
GHIMA reaffirms commitment to secured healthcare data
5 hours -
John Boadu pays courtesy call on former President Kufuor, seeks guidance on NPP revival
5 hours
