Tema, Jan. 26, GNA- President Nana Addo Dankwa Akufo-Addo on Friday commissioned Ghana’s first private oil refinery built by the Sentuo Group, Ghana, a Chinese conglomerate, at the Tema Industrial Area, near Accra.
Which is the best oil refinery in Ghana?
Tema Oil Refinery (TOR) Ltd. is Ghana’s premier oil refinery. With the ideal refinery configuration and sufficient storage tank capacity, it is among the best refineries in Africa and supports the country’s economic growth and investment initiatives.
Who owns the Ghanaian oil refinery?
The refinery was first named the Ghanaian Italian Petroleum Company (GHAIP). It was licensed as a private limited liability company in 1960 as a fully owned Italian company – ANIC Societa per Azioni and AGIP Societa per Azioni of Italy were its major shareholders. In April 1977, the Government of Ghana became the sole shareholder.
Will Ghana’s Oil Refinery be the key to securing its energy future?
The President, who was optimistic that Ghana would soon wean itself from the reliance on foreign fuel for the country’s energy needs, said the operation of the refinery would serve as the pivotal step towards securing the country’s energy future.