Pulse.com.gh logo

TOR TOR begins operations

TOR shutdown last year April due to a major fault in the regenerative unit situated in the Residue Fluid Catalytic Cracking (RFCC) plant.

  • Published: , Refreshed:
File Photo play

File Photo

24/7 Live - Subscribe to the Pulse Newsletter!

The Tema Oil Refinery (TOR) has resumed operations almost a year after shutdown, a source has disclosed to Pulse business.

According to him, TOR has resumed full operations, contrary to earlier media reports that it was a test run.

The Crude Distillation Unit which will produce petrol and diesel is also back on stream, the source said.

TOR shutdown operations last year April due to a major fault in the regenerative unit situated in the Residue Fluid Catalytic Cracking (RFCC) plant.

As a result, TOR could not process crude.

TOR before the shutdown supplied  about 30% of the petroleum products on the market.

The shutdown, the Public Affairs Manager of TOR, Mrs Aba Lokko said, was due to unreliable power supply by the Electricity Company of Ghana (ECG) and failure to carry out maintenance were the cause of the problem.

TOR refines about 45,000 barrels of crude oil per day, a deficit of about 200,000 barrels of national demand.

TOR has over Ghc400 million outstanding debt sitting in its books, according to the Finder newspaper.

The amount is made up of loans for the construction of tanks and an outstanding amount owed GCB Bank, some trade supplies, the Volta River Authority, and the Nigerian National Petroleum Corporation.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos

Top Articles

1 New Appointment Nana Addo appoints Mahama as Lands Commission bossbullet
2 Ghana Politics Akufo-Addo fires Lands Commission bossbullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Mobile Money MTN freezes account of Ponzi scheme over GH¢11m defaultbullet
6 Mahama boys prevented me from meeting him – Fibre Optics Inventorbullet
7 Menzgold Ghana Investment company closes down its Gold Vault...bullet
8 Young Entrepreneurs Anas, Sarkodie, Nana Appiah & Yvonne...bullet
9 AirtelTigo 6 things every Airtel and Tigo customer...bullet
10 Shirley Frimpong-Manso and Ken Attoh owe The Royal Bankbullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Support Finance minister buys Kantanka carbullet
6 Entrepreneurship Failure- How To Deal With It | StartUpSchoolbullet
7 Entrepreneurship How to be resourceful as an entrepreneurbullet
8 New Phones Nokia MWC 2018 Event in 5 minutesbullet
9 Tech 6 reasons you should buy an iPhone SE instead of...bullet
10 Money Alert Meet Africa's richest womanbullet