The Minister of State at the Energy Ministry, Herbert Krapah, has reiterated the government's commitment to reviving the ailing Tema Oil Refinery.
He stated that plans are underway to secure a strategic investor for the company.
Currently, the refinery operates at about 45,000 barrels per stream day, well below its capacity due to a lack of investment.
Much of the company’s infrastructure is also in a poor state due to years of neglect.
During a familiarisation tour of TOR, Sentuo Oil Refinery Limited, and Tropical Cable and Conductor Limited in Tema, Mr Krapah revealed that negotiations with a new investor are already underway to bring the ailing refinery back to life.
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