Audio By Carbonatix
A member of the Energy Commission and founder of the United Renaissance Party (URP) Kofi Wayo has described as untrue reports that the Tema Oil Refinery is incapable of refining the crude oil being produced from the Jubilee Oil Field.
He said the only way Ghana can benefit from the oil is to have its own refinery to process the crude which will make the prices of petrol cheaper.
According to him there is the need for the government to put down measure in setting up a refinery so that Ghanaian will benefit.“If you have found oil then petrol should be cheaper. In Saudi Arabia oil is cheaper than water”.
The Public Relations Officer of the Ministry of Energy Edward Bawa confirmed earlier that Tema Oil Refinery in its current state is technically incapable of refining the sweet light Jubilee Oil.
He explained that TOR is in no hurry to acquire the needed equipment for that because government believes the country’s brand of crude needs to be exposed to the international market.
Speaking on Asempa FM’s Ekosii Sen programme, Kofi Wayo expressed his disappointment in the oil experts in the country whom according to him have not contributed to the development of the country.
Kofi Wayo blamed former President Kufour for signing the wrong contract. He said “in plain business sense we have a lot but the only hope we have is that we have a president who is not corrupt and so I believe he will try and get something for Ghanaians from the oil fined”.
Dr. Arthur Kennedy a lecturer at the Cape Coast University and a member of the NPP on the other hand said he is not surprised that Ghana can not process its own crude because our leaders lack foresight.
Meanwhile Communication Director at the Presidency Koku Anyidoho has reiterated the President commitment in ensuring the people of Western Region get what they deserve.
He added that plans for the region may exceed the 10% the Western region chiefs demanded.
Story by: Adwoa Gyasiwaa/Myjoyonline.com/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:
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.
Latest Stories
-
Ghana is rising again – Mahama declares
5 hours -
Firefighters subdue blaze at Accra’s Tudu, officials warn of busy fire season ahead
5 hours -
New Year’s Luv FM Family Party in the park ends in grand style at Rattray park
5 hours -
Mahama targets digital schools, universal healthcare, and food self-sufficiency in 2026
5 hours -
Ghana’s global image boosted by our world-acclaimed reset agenda – Mahama
6 hours -
Full text: Mahama’s New Year message to the nation
6 hours -
The foundation is laid; now we accelerate and expand in 2026 – Mahama
6 hours -
There is no NPP, CPP nor NDC Ghana, only one Ghana – Mahama
6 hours -
Eduwatch praises education financing gains but warns delays, teacher gaps could derail reforms
6 hours -
Kusaal Wikimedians take local language online in 14-day digital campaign
7 hours -
Stop interfering in each other’s roles – Bole-Bamboi MP appeals to traditional rulers for peace
7 hours -
Playback: President Mahama addresses the nation in New Year message
8 hours -
Industrial and Commercial Workers’ Union call for strong work ethics, economic participation in 2026 new year message
10 hours -
Crossover Joy: Churches in Ghana welcome 2026 with fire and faith
10 hours -
Traffic chaos on Accra–Kumasi Highway leaves hundreds stranded as diversions gridlock
10 hours
