The Chamber of Petroleum Consumers (COPEC) has underscored the need for consistent financial backing to safeguard the long-term operations of the Tema Oil Refinery (TOR).
Speaking on Channel One News on Saturday, December 27, COPEC’s Executive Secretary, Duncan Amoah, welcomed the resumption of refining activities at TOR after several years of inactivity, describing it as a positive development for Ghana’s downstream petroleum industry.
He praised the refinery’s current management for steering the restart process but cautioned that the gain
s could be short-lived without adequate and sustained funding support.
Mr. Amoah urged the Ministry of Finance and the Bank of Ghana to provide the necessary investment to ensure TOR can secure a continuous supply of crude oil, warning that operations could stall if the refinery processes its current cargo without access to additional feedstock.
While acknowledging the restart as a step in the right direction, COPEC maintained that ensuring sustainability would require deliberate efforts, particularly in mobilising funds to support regular crude procurement.
TOR recently resumed crude oil refining following the successful completion of major Turnaround Maintenance works on its Crude Distillation Unit. The maintenance exercise, which ran from August 1 to October 30, 2025, was completed on schedule and in line with international engineering, safety and operational standards, according to the refinery.