The International Monetary Fund Country Team currently in Ghana visited Tema Oil Refinery (TOR) to familiarize itself with the refinery’s operations and the recovery work undertaken by management.
The visit formed part of the team’s engagements with relevant authorities and selected state-owned enterprises in the country.
In a session with the Managing Director Edmond Kombat Esq., he indicated the operational and financial challenges inherited by the current management and the decisions taken since May 2025to restore confidence in the refinery, including the rehabilitation and restart of crude processing the refinery’s Crude Distillation (CDU).
The Managing Director also explained improvements in financial reporting and controls, staff related reforms and sustained crude supply for continued operations.
The team was also briefed on the work still underway and TOR’s contributions to Ghana’s energy security
The delegation was further briefed on ongoing work to increase the refinery’s processing capacity, restore other critical units and position TOR to contribute more meaningfully to Ghana’s energy security.
The discussions were followed by a tour of the refinery, where the team had the opportunity to see some of the rehabilitated facilities and ongoing works.
Members of the delegation expressed appreciation for the progress made and the opportunity to gain a better understanding of TOR’s operations and recovery journey.
