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
-
Nearly 400 sentenced in Nigeria for links to militant Islamists
20 minutes -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
26 minutes -
Kwaku Azar writes: A-G vs OSP
59 minutes -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
1 hour -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
2 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
2 hours -
Barcelona dominate derby to extend La Liga lead
3 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
3 hours -
Importers and Exporters Association declares full support for Publican AI port system
3 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
3 hours -
Volleyball emerges as Ghana’s fastest rising sport
3 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours -
JoySports Exclusive: Steve McLaren in talks with GFA after expressing interest in Black Stars job
4 hours -
Fire guts auto parts warehouse at Bubuashie, one fire officer injured
4 hours -
I owe my victory to coach Ofori Asare – Allotey after winning WBA Africa Gold Super Flyweight belt
4 hours