Tema Oil Refinery to be re-commissioned in July

Rome (Italy) -- Major rehabilitation works at the Tema Oil Refinery (TOR) estimated at about 200 million dollars would be commissioned in July. The initiative was aimed at modernising the refinery so that it could produce varieties of fuel and lubricants, which were mostly being imported now.

Mr Joseph Henry Mensah, Senior Minister and Leader of the Government Economic Team, who announced this, mentioned that the measure was to ensure that the refinery operated under modern trend of production.

The minister was addressing the Ghanaian community in Rome, Italy as part of President Kufuor's three-day official visit to the country, were the President would also participate in a three-day world food summit being organised by the Food and Agriculture Organisation of the United Nations.

Mr Mensah said Ghana's economy had stabilised and people had confidence in the fiscal and monetary policies being pursued by the government. The senior noted that the culture of silence in the country had been broken and called on Ghanaians to support the government towards national development. Samsung and S.K. Corporation of South Korea would undertake the rehabilitation project.