The Management of Oil Refinery (TOR) has announced that it has taken a delivery of 1,000,000 barrels of Bonga Crude Oil.
The product which arrived aboard the MT Cap Felix is part of the management of the facility’s revitalisation and crude oil processing programme.
According to a release from Management, the crude oil will be processed into a wide array of premium products, including gasoline, diesel, kerosene, and LPG.
“The crude oil cargo was purchased from Shell and supplied through TOR’s tolling partner, Fujeirah/Triangle Commodities Trading (TCT), under an arrangements aimed at supporting the refinery’s operational recovery and ensuring sustained petroleum product supply to the Ghanaian market,” a statement from Management read in part.
According to Management, the receipt of the Bonga Crude marks another significant milestone in TOR’s efforts to restore stable refining activities, improve national energy security, and reduce Ghana’s dependence on imported refined petroleum products.
“Bonga Crude, known for its high-quality low-sulphur characteristics and favourable refining yields, is expected to produce substantial volumes of premium petroleum products including LPG, gasoline, diesel, kerosene, ATK and fuel oil for the domestic and regional markets,” Management said.
The Management of TOR further expressed appreciation to the Government of Ghana, regulatory institutions, financial partners, and all stakeholders whose support contributed to the refinery’s operational resurgence.
TOR further reaffirmed its commitment to transparency, operational excellence, environmental responsibility, and the long-term transformation of the refinery into a competitive and commercially sustainable energy hub for Ghana and West Africa.
The refinery will continue to engage stakeholders and the public as operations progress.
Source: Starrfm.com.gh
