Ghana news briefing
TOR needs capital, technology and expertise to scale production to 100,000 barrels daily – Analyst
Energy analyst Benjamin Nsiah says the Tema Oil Refinery (TOR) can achieve a production capacity of 100,000 barrels of crude oil per day, but only if government secures strategic partners to provide the needed capital, technology and technical expertise.
Mr Nsiah added that achieving higher refining capacity at TOR would also require Ghana to rethink its petroleum pricing system."What I think government is likely going to do is to open up for investment, both local and international persons, individuals or institutions that do have these resources or capabilities to partner TOR and embark on this project," he stated.
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