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.
How did Ghana become a major oil refinery?
Ghana becomes one of the six largest refineries in Africa during the 60s. GHAIP begins operations as a tolling refinery, processing crude oil from multinational oil companies for a fee. Government of Ghana acquires 50% of GHAIP’s £3,400,000 authorized share capital.
What makes Tema Oil Refinery a pride for Ghanaians?
To be a preeminent refinery, a pride for Ghanaians. At the heart of Tema Oil Refinery (TOR) lies a strong set of fundamental values that serve as the foundation for TOR’s operational culture. The Refinery’s commitment is expressed through these principles, which also influence workers daily decisions and actions.
Who owns Tema Oil Refinery?
Founded on December 12, 1960, as the Ghanaian Italian Petroleum (GHAIP) Company, Tema Oil Refinery (TOR) stands as Ghana’s premier crude oil processing facility. Originally Italian-owned, the government became the sole shareholder in April 1977, prompting a name change to TOR in 1991.