Energy Minister swears in 3-member IMC for TOR

The Minister of Energy, Dr. Matthew Opoku Prempeh, on Tuesday swore in a 3-member Interim Management Committee to oversee the affairs of the Tema Oil Refinery (TOR) as part of efforts to restructure and revamp it.

The Chairman of the 3-member IMC is Mr. Nobert Cormla-Djamposu Anku.

The other members are Mr. William Ntim Boadu and Mr. Okyere Baffuor Sarpong.

The committee’s terms of reference include, among others, ensure the smooth transfer from the outgone Directors, undertake technical and human resource audits as well as receiving and assessing viable partnerships for TOR, if any.

Speaking after the swearing-in at the refinery, the Minister noted that TOR and its crippling debts, infrastructural issues and equipment have been well noted, and that since the 4th Republic every President has thought about value addition to our natural resources.

The Public Relations Officer of the Ministry of Energy, Kwasi Obeng-Fosu said the Minister of Energy Dr. Prempeh emphasized the need to find the right partnerships, managerial infrastructure and equipment to enable TOR work as a strategic stakeholder in the oil and gas sector and urged the IMC members to be diligent in their work and bring their rich experience to bear in discharging their mandate.

Dr. Prempeh further urged the staff of the refinery to put all past rancours behind them, cooperate with the IMC and work hard to ensure the success of the refinery.

The PRO, Kwasi Obeng-Fosu added that the committee is to submit its report, including findings and recommendations, to the Hon Minister within three months.