The Institute for Energy Policies and Research (INSTEPR) in consultation with other civil society organizations and industry experts will organise a forum to engage the government to find a lasting solution to the Tema Oil Refinery (TOR) problem.
Petrol XP is their registered name with Petro XP as their trade name, and documents available to TOR conform with documentation at the National Petroleum Authority (NPA
The Tema Oil Refinery (TOR) says it is in negotiation with a private investor, Decimal Capital Ltd, to refine crude oil in Ghana.
Management of the Tema Oil Refinery (TOR) has announced that the Ministry of Energy (MoE) has permitted the Oil Company to negotiate a lease agreement to refine crude oil with a private investor, Decimal Capital Ltd
The company, which operates under an exclusive 15-year concession agreement from the Ghanaian Government on an
open-access basis, is jointly owned by Mining Oil & Gas Services of South Africa (65%) and Tema Oil Refinery (35%).
Ghana is currently reviewing proposals from strategic partners for its ailing premier Tema Oil Refinery, which energynewsafrica.com can confirm.
Think Tank Baskin Africa have suggested to the Government of Ghana to immediately scrap the Special Petroleum Tax, Price Stabilization Levy and BOST margins in order to relieve the poor from the scorch of the fuel price hikes.