Wednesday, August 11, 2010

TOR SHUTS TWO PLANTS (PAGE 23, AUGUST 12, 2010)

THE UNAVAILABILITY of crude oil has compelled the Tema Oil Refinery to shut its crude distillation unit and the residual fluid catalytic cracker (RFCC) plants.
The two plants which were shut down on August 3 will be closed until August 20 by which time the management of TOR hope to have engaged officials of the Ghana National Petroleum Corporation (GNPC) to broker a deal for the supply of crude.
The Public Relations Officer of TOR, Mrs Aba Lokko, told the Daily Graphic that the management had been making efforts to procure its own crude oil for the last three months.
The management of TOR had sought GNPC’s assistance for further supply of crude, the only option left was to shutdown since the two parties had gone back to the negotiating table to look at the terms of agreements
Mrs Aba Lokko in a telephone interview with the Daily Graphic confirmed the shutdown. According to her, management was making frantic efforts to procure crude oil and gave the assurance that production works would begin by close of the week should proposals for delivery go through for the purchase.

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