The Tor Refinery covers a total area of 440,,000 square meters and is linked to the Port of Tema by pipelines for the transportation of crude oil and refined petroleum products. The refinery was designed in 1963 as a Hydro-skimming plant with an initial capacity of 28,,000 barrels per stream day. It occupies a significant portion of the port and plays a crucial role in Ghana’s oil industry.
Who owns the Ghanaian oil refinery?
Initially named the Ghanaian Italian Petroleum Company (GHAIP),, the Ghanaian oil refinery was first owned by ANIC Societa per Azioni and AGIP Societa per Azioni of Italy. However, in April 1977, the Government of Ghana became its sole shareholder.
Who owns the pecan oilfield in Ghana?
Elsewhere, Norwegian oil company Aker Energy has been engaged in the development of the Pecan oilfield, which has the potential to become Ghana¡¯s fourth producing region. It was discovered in 2012 by Hess Ghana, an oil, gas and energy solutions company acquired by Aker Energy in 2018.
How much crude oil does Ghana produce a day?
As of October 2021, the crude oil production capacity in Ghana stood at174,000 barrels per day while TOR imported 201,000 barrels per day in the same year (April 2021). According to OEC Report, in 2020, Ghana exported $2.71B in Crude Petroleum, making it the 27th largest exporter of Crude Petroleum in the world.