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TEMA OIL REFINERY LTD.

LOCATION : Tema Oil Refinery, Industrial Area, Tema

ADDRESS: P.O. Box CO 599, Tema , GHANA

TEL: +233-22 302881

E-MAIL: tor@tor.com.gh, tor@torghana.com

WEBSITE: www.torghana.com

FAX: +233-22-302884

PRIMARY FUNCTION:

Processing Crude Oil into various finished Petroleum Products.

ENABLING LEGISLATION:

Tema Oil Refinery (T.O.R) Ltd was incorporated in 1960 under the companies code of Ghana .

Tema Oil Refinery (T.O.R) Ltd. formerly known as Ghanaian Italian Petroleum (GHAIP) Company Limited was incorporated under the laws of Ghana in 1960.

The refinery was commissioned in 1963 by a consortium of Italian companies comprising SNAM PROGETTI, NUOVO PIGNONE, and SAIPEM, with a design capacity of 1,250,000 metric tons of crude oil per year equivalent to 28,000 Barrels per stream day (bpsd.)

The plant was configured as a simple hydro skimming facility fully owned by the Italian state – owned petroleum corporation, ENI.

Ownership passed to the Government of Ghana in 1976.

T.O.R then worked as a Tolling refinery processing crude oil for another state agency up to 1996.

Since 1996 T.O.R has procured and processed crude oil for its own account as a result of an industry restructuring programme

The installed plant capacity was increased by 60% from 1¼ to 2-million tons per year (28 to 45,000 bpsd) in 1997.

Plant configuration changed from a simple hydro skimming to a modern Complex refinery in 2002 with the commissioning of 14,000 bpsd Residual Fluid Catalytic Cracking (RFCC) unit, which converts low value residuum into high value LP Gas and Gasoline.

The refinery supplies the following petroleum products into the domestic markets.

- Liquified Petroleum Gas (Lp Gas)

- Kerosine:

- Aviation Turbine Kerosine

- Automotive Gas Oil (Diesel)

- Premix Fuel

- Premium Gasoline

- Residual Fuel Oil

CUSTOMERS: Eighteen (18) oil marketing companies are licensed by the Energy Commission and registered with the refinery as marketers to the entire Country.

MAJOR ACHIEVEMENT (1998 –2002)

The Crude Distillation Unit was revamped by a 60% capacity increase from 1¼ to 2- million tons per year (28 to 45,000 Bpsd ) as phase – 1 of a Modernization and Expansion project.

A consortium of Sunkyong Engineering Construction (SKEC) Limited and Samsung Corporation of Korea constructed a 14,000 Bpsd Residual Fluid Catalytic Cracking Unit as phase –2 of the modernization and expansion project these two projects are key to the enhanced economic performance of the refinery as well as meeting growth in product demand.

KEY ELEMENTS FROM CORPORATE /STRATEGIC PLAN (2003-2007)

· Revamping of T.O.R Utility System (Phase – 1)

· Revamping of T.O.R Utility System (Phase –2)

· Revamping of the Catalytic Reformer Unit (CRU)

· Kpone offshore Mooring Project (SPM + CBM)

The revamping of the utility system will ensure reliable and stable supply of electrical power steam, air boiler feed water to the complex.

The revamping pf the Reformer Unit will process any increased quantity of Heavy Naptha from the revamped C.D.U and significantly improve octane rating.

The Kpone Offshore Mooring Project is an off-balance sheet project to allow the decongestion of the oil berth of crude oil tankers and to receive bigger economic parcels of crude oil with bigger oil tankers

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