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 […]