June 13, 2024

Former president John Dramani Mahama has assured that his next administration is committed to revamp the Tema Oil Refinery (TOR) through a joint private-public partnership if elected as president.

He said the refinery needs significant attention, and a transparent process for private participation is crucial in bringing the refinery back into operation and running it efficiently.

“I emphasised my commitment to revamping the Tema Oil Refinery (TOR) through a joint private-public partnership if elected as president. Our problems with running the refinery stem from it being a state-owned enterprise, and I am open to a private partnership in revitalising TOR. I believe the refinery needs significant attention, and a transparent process for private participation is crucial in bringing the refinery back into operation and running it efficiently.” The flagbearer for the National Democratic Congress (NDC) said after meeting with players in the downstream petroleum sector.

The meeting also focussed on discussing the current state of the petroleum and petroleum-related sector and the way forward.

I had the privilege of meeting with players in the downstream petroleum sector, including the Association of Oil Marketing Companies, Chamber of Bulk Oil Distribution, Tanker Drivers Union, Chamber of Petroleum Consumers-Ghana, Institute of Energy Security, and other petroleum service providers. We discussed the current state of the petroleum and petroleum-related sector and the way forward.” Mahama said.

According to the former president, he is dedicated to addressing the challenges and opportunities in the downstream petroleum sector.

“I am dedicated to building the Ghana we all want, and that includes addressing the challenges and opportunities in the downstream petroleum sector.”

“Let me thank all the participants and sector players for the constructive dialogue and valuable insights shared in today’s meeting. Together, we can work towards a more vibrant and sustainable petroleum industry for the benefit of all Ghanaians.” He said.

Source: Elvisanokyenews.com

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