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General News of Monday, 14 October 2002

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TOR to Export Excess Fuel

TOR Sets Up New Generator Plant
The Tema Oil Refinery (TOR) will soon start to export fuel and Liquefied Petroleum Gas (LPG) following completion of the Residual Fuel Catalytic Cracker (RFCC).

The refinery produces 240 metric tonnes of LPG daily and the normal weekly delivery for the country is 1,200 tonnes. It has 4,000 tonnes storage capacity.

Mr. Robert Forson, Deputy Managing Director (Operations), told the Ghana News Agency in an interview yesterday that the refinery took delivery of 2,400 tonnes of LPG on October 5 when there was acute shortage.

"That was the time the refinery was doing test runs for the RFCC. Now that the RFCC has stabilised, we are producing our own LPG."

On the shortage of petrol in some parts of Accra over the weekend, he said it was because the dealers might have increased their reserve level so that in case there was fuel price increase they could reap some profit.

Mr. Forson said it is the management of the refinery that advises the Ministry of Energy on price increases, looking at the crude oil price on the world market.

"We are not paying a realistic price for fuel," he said.

TOR Sets Up New Generator Plant

Tema Oil Refinery (TOR) has established a multi-million-cedi Residual Fluid Catalytic Cracking Unit (R.F.C.C.U) plant that will generate extra power to support what the Electricity Company of Ghana produces.

The plant, which will be launched in a few months time, is capable of processing low value residue into high value products like the L.P.G, gasoline gas oil, and other products.

The Utility Section of TOR where boilers have been installed will generate 95% of the steam required in the section.

The plant when commissioned will have to share its steam power with Electricity Company of Ghana since the amount of steam produced is higher than what is required for TOR operations.

The contractors of the plant, Sunkyong Engineering Construction Company (S.K.E.C.C), are a South Korean organization that have undertaken such projects in many countries in the world, according to a high level source.