trending_flat
New TOR MD pledges to revive refinery; blames NPP for mismanagement

The newly appointed acting Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat, has expressed his determination to address the challenges that have brought the state-owned oil refinery to its knees. TOR, which is currently shut down, has the capacity to refine about 45,000 barrels per stream day (bpsd). The plant, however, is grappling with numerous issues, including broken-down equipment and a significant debt burden. Speaking in an exclusive interview with Graphic Online on Friday, May 2, 2025, Mr Kombat described the refinery’s problems as largely financial in nature. Assessment He attributed the facility’s decline to what he described as “pure mismanagement” under the previous New Patriotic Party (NPP) administration. “We inherited a debt of $517 million left by the previous administration. The Residue Fluid Catalytic Cracking (RFCC) unit has not operated since 2019, and the Crude Distillation Unit […]

trending_flat
Over 1,350 ECG Containers Missing from Tema Harbour Amid Procurement Breaches – Energy

The Minister for Energy and Green Transition, John Abdulai Jinapor, has raised significant concerns over the disappearance of more than 1,350 containers belonging to the Electricity Company of Ghana (ECG) from the Tema Harbour. A committee tasked with investigating the matter has uncovered serious procurement breaches that have been ongoing for several years.Jinapor shared a 103-page report on the matter, describing the findings as alarming, with a clear indication of irregularities that have affected the country’s energy sector. The Minister emphasized that law enforcement agencies would be involved to ensure that those responsible for the missing containers and procurement violations are held accountable.The disappearance of the containers and the associated procurement irregularities have sparked concerns about transparency and accountability within Ghana's energy sector, urging the government to take swift action.

trending_flat
ECG Boss Addresses Power Crisis Amid Maintenance-Related Shutdowns.

The Electricity Company of Ghana (ECG) has clarified the reasons behind recent power outages (dumsor), addressing concerns about financial constraints affecting Independent Power Producers (IPPs). Acting ECG Managing Director, Ing. David Asamoah, explained that Amandi Energy’s shutdown is due to scheduled annual maintenance, not debt-related issues, as speculated.He noted that negotiations to delay Amandi’s maintenance were unsuccessful due to insurance stipulations. Additionally, Sunon Asogli power plant ceased operations in October, while other IPPs like Karpowership Energy, AKSA Energy, and Cenit Energy Limited have reduced output.Karpowership is currently addressing technical challenges, including a pressure control valve fault. Ing. Asamoah assured the public that power supply would stabilize soon, highlighting that ongoing issues are technical, not financial.

trending_flat
Western Region Launches “Ghana Energy Week” as a Benchmark for Sector Development.

The Western Regional Coordinating Council has introduced "Ghana Energy Week," a groundbreaking initiative aimed at setting a benchmark for progress in Ghana’s energy sector. This event will serve as a platform for stakeholders to review energy policies, explore new technologies, and foster partnerships. It is expected to address critical issues such as energy access, sustainability, and efficiency, positioning Ghana as a key player in the regional energy landscape.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation