After the rumours that the Tema Oil Refinery (TOR) has been handed over to a private entity, the Ministry of Energy has clarified that no contract has been signed between TOR and any potential partner.
In a statement released by the Ministry, contrary to widespread information, TOR has not concluded any agreement with its potential partner, Torentco. However, the statement admitted that there is an ongoing negotiation between the state agency and Torentco but insisted that the issues have not been finalized.
The Spokesperson for the Ministry, Kofi Abrefa Afena, in a press release issued on Sunday, June 25, therefore challenged critics of the government to produce evidence contrary to his claim.
He further admonished critics to verify their suspicions from the appropriate quarters before unnecessarily damaging the reputation of persons in government.
He therefore reiterated the commitment of the Minister for Energy, Dr. Matthew Opoku Prempeh to revamp the Tema Oil Refinery.
“Dr. Matthew Opoku Prempeh as Energy Minister has demonstrated without a shred of doubt, his total commitment to getting TOR back to work in line with the vision of His Excellency the President. Indeed, the Board, Management, and Staff of the Company are on record to have severally touted the numerous positive interventions of the Minister in this regard,” parts of the statement read.
Mr. Abrefa Afena further reiterated the government’s plan to find a strategic partner in its quest to revamp the facility.
“Government’s quest at finding a credible partner towards revamping the company involves key state actors such as the State Interests and Governance Authority (SIGA) and the Attorney General’s Department,” he added.
