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COPEC urges sustained investment to secure Tema Oil Refinery’s future

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The Chamber of Petroleum Consumers (COPEC) has called for continued financial backing to ensure the long-term viability of the Tema Oil Refinery (TOR), following the resumption of crude oil processing at the facility.

The refinery recently restarted operations after completing a major Turnaround Maintenance (TAM) on its Crude Distillation Unit, a project that ran from 1 August to 30 October 2025. TOR management said the works were carried out on schedule and adhered to international engineering, safety and operational standards.

Speaking to Channel One News on Saturday, COPEC Executive Secretary Duncan Amoah welcomed the resumption of refining activities but stressed that sustained investment is critical to prevent future disruptions.

“We should commend the current management for this. We should encourage the Ministry of Finance and the Bank of Ghana to provide the necessary investment so that TOR does not simply process the cargo it currently holds, and then, a few months down the line, halt operations because it cannot secure revolving supplies,” he said.

Mr Amoah described the resumption as a positive step for Ghana’s downstream petroleum sector, but cautioned that more effort is needed to secure the refinery’s operations over the long term.

“I think the resumption is good news, but a lot more work will need to be done at this point for sustainability to be guaranteed,” he added.

COPEC’s call highlights the ongoing need for strategic planning and financial support to ensure that TOR can continue to operate efficiently and contribute to Ghana’s energy security.

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