John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has pledged to revitalize the Tema Oil Refinery (TOR) if elected president in the upcoming December 7 general elections.
Mahama announced plans to secure a joint private-public partnership to revive the troubled refinery. Speaking to stakeholders in the petroleum downstream sector in Accra, he emphasized that TOR will receive full attention under his administration.
“We need to look again at how we can bring the refinery back in place. But I do think that the problems we have with running that refinery is because it is a state-owned enterprise.”
“And we all know the inefficiencies that go with state-owned enterprises. And so, we are open to private partnership in terms of bringing that refinery back into operation and running it, but we think that whatever private partnership or private participation is invited, it must come through a transparent process.”
