Audio By Carbonatix
State oil refinery, Tema Oil Refinery (TOR) has began refining crude oil after shutting down operations for almost four months.
This was after TOR managed to secure financial support from Access Bank to bring in almost 800 barrels of crude oil from Sahara Oil expected to take one month to refine.
The refinery begun operations on December 29, 2014.
This means that TOR will for the next one month be producing at about 50% of its capacity.
Public Affairs Manager at Tema Oil Refinary, Aba Loko, said the development is good start for the refinery.
TOR once controled about 80% of the local petroleum market, but has now dropped to about 20% because it has not been operating beyond half of its 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
-
Harry says he was made ‘paranoid’ by Daily Mail publisher’s ‘unlawful’ actions
4 hours -
Trade war in no-one’s interest, says British PM in face of Trump threats
4 hours -
Greenland ‘will stay Greenland’, former Trump adviser declares
4 hours -
I do not want to reconcile with my family, says Brooklyn Peltz Beckham
4 hours -
Djokovic registers 100th Australian Open win
4 hours -
China’s birth rate hits record low as population continues to shrink
5 hours -
US believes its power matters more than international law, UN chief tells BBC
5 hours -
2028 is not a normal election – Amewu explains why NPP needs Kennedy Agyapong
5 hours -
The whole nation wants Kennedy – Amewu makes strong case for Agyapong
5 hours -
Sogakope Circuit Court jails farmer 15 years for incest, defilement
6 hours -
31-year-old illegal miner sent to prison over theftÂ
6 hours -
Court remands GPHA staff over stolen tugboat
6 hours -
Attendance at trial is a constitutional duty, not an option
7 hours -
RTI response raises questions over Bryan Acheampong’s military service claims
7 hours -
Two women granted bail over assault of 12-year-old; another remanded
7 hours