Tema Oil Refinery (TOR) has received approximately one million barrels of Bonga Crude oil as part of efforts to strengthen domestic refining capacity, improve energy security, and reduce Ghana’s dependence on imported petroleum products amid broader attempts to revive the state-owned refinery’s operations.
The crude cargo, which arrived aboard MT Cap Felix, was purchased from Shell and supplied through TOR’s tolling partner, Fujeirah/Triangle Commodities Trading (TCT), under arrangements intended to support the refinery’s operational recovery and sustain fuel supply to the domestic market.
The latest delivery forms part of TOR’s broader strategy to restore stable refining activities at a time when policymakers continue to prioritise energy-sector efficiency and seek to limit exposure to external petroleum supply disruptions. Increased local refining capacity could also have implications for foreign exchange management by reducing reliance on imported refined products.
TOR said the crude shipment represented a further step in its refinery revitalisation programme and supports efforts toward “operational recovery” and sustained processing activities.
The refinery indicated that Bonga Crude, recognised for its low-sulphur characteristics and favourable refining yields, is expected to produce significant quantities of petroleum products, including liquefied petroleum gas (LPG), gasoline, diesel, kerosene, aviation turbine kerosene (ATK), and fuel oil for both domestic and regional markets.
Management expressed appreciation to government institutions, regulators, financial partners and other stakeholders whose support continues to contribute to the refinery’s “operational resurgence” and ongoing transformation agenda.
TOR further emphasized its commitment to “operational excellence”, environmental responsibility and long-term plans to establish the refinery as a commercially sustainable energy hub serving Ghana and the wider West African market..