The Minister of Energy Dr Mathew Opoku Prempeh should go beyond just announcing that $2.5 million worth of condensate is missing at the Tema Oil Refinery (TOR) and state what he has done to stop the losses, a former Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah has said.
Dr Opoku Prempeh, while disclosing the losses, explained that the Ministry secured a deal for TOR in the premix sector but $2.5 million could not be accounted for.
“I gave TOR a new business opportunity in the premix fuel market that all the condensate from Ghana Gas should be used for blending premix fuel. The last time I heard, Over 2.5 million dollars worth of condensate had gone missing from TOR.
“If we all want TOR working, and we don’t want another ECG in TOR, [we should do the right thing else] it will break the back of government”.
“TOR has over $500 million worth of debt sitting on its books and go and look at how the debt is accumulated– people bring their crude to refine and then they record crude losses.”
“You don’t pay taxes for it to go down the drain. You pay taxes for an efficient running of government. Government, I can tell you, is doing so much work to bring TOR to work. There are proposals lying up in TOR, SIGA, Attorney General, and Finance Ministry all having a look. Getting it right is a difficult proposition we are working on. And we will work diligently to get Ghanaians what is good,” the Manhyia South lawmaker added.
Commenting on this in a tweet, Mr Armah-Kofi Buah who is the Member of Parliament for Ellembelle said “The Minister of Energy says $2.5 million worth of condensate is missing at TOR. As the Sector Minister, the minister of energy must do more than this sad disclosure.
The Minister of Energy says $2.5 million worth of condensate is missing at TOR.
As the Sector Minister, the minister of energy must do more than this sad disclosure.
He must be telling Ghanaians the steps he has taken so far to stop the incidence of losses and what is being pic.twitter.com/MSoEbanT2z— Emmanuel Armah-Kofi Buah (@ArmahKofiBuah) April 22, 2023
“He must be telling Ghanaians the steps he has taken so far to stop the incidence of losses and what is being done to avert the recurrence of such losses.
done to avert the recurrence of such losses.
The Minister must be telling the people of Ghana the outcome of his investigations and the recommendations and consequences— Emmanuel Armah-Kofi Buah (@ArmahKofiBuah) April 22, 2023
“The Minister must be telling the people of Ghana the outcome of his investigations and the recommendations and consequences.”