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TOR says GH¢10bn accumulated losses, US$517m debt confronted under new management

The Tema Oil Refinery (TOR) had accumulated losses of approximately GH¢10 billion and debt of about US$517 million when the current management assumed office in May 2025, Managing Director Edmond Kombat has disclosed. He said the refinery’s financial position had deteriorated significantly over the years, alongside…

Joy BusinessBy Ernest Arhinful
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TOR says GH¢10bn accumulated losses, US$517m debt confronted under new management
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Original headline: “TOR says GH¢10bn accumulated losses, US$517m debt confronted under new management”

  • Business
  • HP Business 6
  • National
  • News
  • Crude
  • Edmond Kombat