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General News of Thursday, 17 May 2018


TOR saga: Boakye Agyarko drags Isaac Osei before Akufo-Addo

Minister of Energy, Boakye Agyarko Minister of Energy, Boakye Agyarko

The Minister of Energy, Boakye Agyarko has told Accra-based Oman FM that he would be compelled by circumstances to meet President Nana Addo Dankwa Akufo-Addo over the impasse between him and the Managing Director of Tema Oil Refinery (TOR), Mr Isaac Osei.

He believes it is inappropriate for the Managing Director (MD) of TOR to have responded the way he did when he said the government plans to turn TOR into a tank farm after a new refinery is established expressing how slighted he feels about it.

The Energy Minister disclosed in January that government in partnership with the private sector will build a new oil refinery at the cost of $4billion.

The new refinery is expected to produce about 150,000 barrels of oil per day, eight times the current production of the TOR when completed, leading to the gradual easing out of TOR into a tank farm—a move the management of TOR labelled as unacceptable.

Mr. Osei and his Board Chairman, Tongrana Kugbilsong Nanlebegtang in a united voice, have kicked against the decision wondering why the refinery will be scrapped at a time when it has installed a catalytic cracker with the hope to commence full operations.

“I didn’t come to TOR to preside over its demise. I have not come here to run this company by scrapping it,” Isaac Osei said, adding: “I don’t think to convert it into a tank farm is the way forward.”

But speaking to Oman FM’s Michael Creg Afful on the issue, Mr Agyarko said: “If you are a minister, it’s beneath you to engage your subordinates on something both of you disagree on in public or on radio. And if you are under a minister and you disagree with his decision you don’t resort to the radio to vent your displeasure”

“So as a minister, I will not engage any of my subordinates over issues we disagree on the radio. It’s beneath me. I’m not being boastful or arrogant. It’s just not right. The President will be in town tonight; I will engage him on the matter and move it on from there not my subordinate,” he added.

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