Product Losses @ Tema Oil Refinery - Interim Management Committee Commences Investigations

The Interim Management Committee (IMC), as part of its mandate, commenced investigations into product storage and transfer losses to eradicate product losses at the Tema Oil Refinery (TOR) to the barest minimum, to enable TOR to realize its vast potential.

According to the IMC, below are some of the incidents of product storage and transfer losses that have so far been discovered in the process.

The committee is a statement issued by its chairman, Mr N.C Djamposu disclosed the disappearance of 105, 927 litres of Gas oil on 4th September 2021, which belongs to a BDC client.
 
The statement revealed wrongful loading of 252,000 litres of Aviation Turbine Kerosene (ATK) instead of regular Kerosene into BRV Trucks at the loading gantry between 21 st and 25th September 2021.

Additionally, the statement disclosed, the disappearance of 18 drums of electrical cables worth GHS 10.4 million from the Technical Storehouse of TOR was discovered in April 2021.

There is also the disappearance of LPG belonging to a client between 2012 and 2015, as a result of which TOR became indebted to the client to the tune ofUSD$4.8 million, as confirmed by an Ernst and Young audit and the loss of Naphtha to a BDC client," the statement indicated.

Consequently, the statement said a number of staff members who hold various positions of responsibility with
respect to the transfer of products have been queried and interdicted, pending the outcome of investigations.
 
While the investigations are ongoing, the management of TOR urged all staff to remain calm and be rest assured that the investigations are being conducted in accordance with due process of law. 

The statement stressed "Anyone cleared in the process will be recalled from interdiction while any form of liability will be dealt with in accordance with the law.

 Freeman Koryekpor Awlesu