sunflower crude oil refining plant in ghana

                                               
                                               
                                               
                                               
                                               
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  • What happened to Tema Oil Refinery in Ghana?
  • In May 2021, the Ghanaian government approved the revamping of Ghana¡¯s only refinery, Tema Oil Refinery (TOR), which has been running at a production capacity of 25,000 bopd since 2017 when a furnace exploded and forced the capacity down from 40,000 bopd.
  • Why does Ghana need a refinery & pipeline?
  • DOWNSTREAM UPGRADES: Ghana needs to revamp and construct refineries and pipelines and develop storage terminals for domestic and foreign oil products. Due to lack of infrastructure, Ghana¡¯s crude oil has been mostly exported instead of being used for local socioeconomic development.
  • Who owns the Ghanaian oil refinery?
  • The refinery was first named the Ghanaian Italian Petroleum Company (GHAIP). It was licensed as a private limited liability company in 1960 as a fully owned Italian company ¨C ANIC Societa per Azioni and AGIP Societa per Azioni of Italy were its major shareholders. In April 1977, the Government of Ghana became the sole shareholder.
  • Why should Ghana invest in a petroleum refinery?
  • President Akufo-Addo said the refinery would not only provide the country with petroleum products, but also create jobs and empower local communities, drive investment in related industries and contribute to the overall realisation of Ghana¡¯s broader industrialisation agenda.
  • When is Phase 2 of sentuo Oil Refinery completed?
  • Phase 2 of the Sentuo Oil Refinery will be completed in January 2024 and will operate at a capacity of 5 million tons per year (tpy). The Refinery is located at the Tema Industrial Zone in Ghana in West Africa.
  • Who owns Tema Oil Refinery?
  • The Tema Oil Refinery (TOR) is one of two crude oil refineries in Ghana. In 1977, the Government of Ghana became the sole shareholder. The name of the refinery was changed to the Tema Oil Refinery in 1991. The refinery was first named the Ghanaian Italian Petroleum Company (GHAIP).