The Tema Oil Refinery has once again rejected claims that it is in no position to refine crude oil from the Jubilee Field.
The claim, first made by a senior government official during the pouring of first oil has recently gained currency following similar reported comments attributed to a Tullow official by the GNA.
Tullow has since sought to distance itself from the comment in a statement issued to the media.
The refinery's Managing Director Ato Ampiah insists TOR has the capacity process crude from any part of the world.
"In fact Jubilee crude will be one of the easiest to be refined by TOR - it is not different from Bonny or Brent and TOR has been processing Bonny and Brent for years so the issue is not that TOR cannot refine the crude - TOR can even with closed eyes refine the Jubilee crude," he stated.
TOR according to Mr. Ampiah was expected to have taken delivery of GNPC's second consignment from the Jubilee Field. Much as he subscribes to the suggestion that the commodity first gain enough acceptability internationally, he insists there must be a clear policy on how Ghana wants to market its crude.
He said it was understandable for managers of the country's oil to want to put enough on the international market in order to establish a brand name for the product before TOR could start refining it.
Meanwhile Joy Business has learnt yesterday's expected lifting of Jubilee crude by the Ghana National Petroleum Corporation has been rescheduled to sometime next week.
Officials explain a clause that allows the partners to lift five percent more than originally planned meant that there wouldn't have been enough for GNPC to lift its full quota.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Involve TEWU in review of free SHS – TEWU tells gov’t
4 minutes -
Revolutionising education through the metaverse: The case for AI Labs in African tertiary institutions
14 minutes -
I’ve never said scrapping e-levy, betting tax will violate IMF programme – Gideon Boako
20 minutes -
Man jailed 3 years for impersonation and possession of military uniforms
30 minutes -
I want to do collaborations with Sarkodie, Stonebwoy, Shatta Wale – Joyce Blessing
36 minutes -
President Mahama to engage Asantehene on Jan. 19 over Bawku conflict
43 minutes -
TEWU calls on gov’t to address abuse of university governing councils
51 minutes -
Private schools eager to join Free SHS programme – Minority to Mahama, Ato Forson
58 minutes -
Promasidor Ghana kickstarts 2025 with strategic sessions
1 hour -
Full text: Minority statement on vetting of 3 nominees, other matters
1 hour -
Behold, newness all over: New Year, new regime, new Parliament; looking forward with great expectations
1 hour -
Joyce Blessing recounts how a gospel artiste turned down her feature request
1 hour -
Ato Forson’s responses on revenue shortfalls spark fears of harsher taxes – Minority
1 hour -
Absa Bank supports Kantamanto traders with GH¢150,000
1 hour -
GPL: Ibrahim Tanko leaves Accra Lions after three years
2 hours