We would like to address recent allegations regarding the Tema Oil Refinery (TOR) and the supposed takeover by Sentuo Oil Refinery.
It has come to our attention that there have been claims of a meeting between TOR management and Sentuo Oil Refinery Ltd to discuss the sale of the national refinery. We want to clarify that no such discussions have taken place, and there are no plans for Sentuo to acquire TOR.
It is important to note that our current relationship with Sentuo involves the storage of their crude oil in our refinery's tanks. When Sentuo is ready to refine the crude oil, TOR facilitates the process by pumping it back to Sentuo.
We value transparency and our relationships with stakeholders, and we want to assure the public that any significant developments regarding TOR will be disclosed in a timely manner.
We appreciate the opportunity to address these claims and reaffirm our commitment to serving the energy needs of our nation. Thank you for your attention to this matter.
Read the statement below
