The management of the Tema Oil Refinery (TOR) has denied reports that the refinery is collapsing.
This comes after reports have indicated that the Ghana Water Company Limited (GWCL) had cut supply of water to the refinery as a result of debts owed the GWLC amounted to GHC 4 million.
“We wish to refute what is recently being circulated in the media to suggest that TOR is on the verge of shutdown. Such publications from anonymous sources create an unwarranted negative impression of the organization and hinder the progress of our revitalization and expansion plans as well as the business operations at large.
“We hereby state categorically that TOR is not on the verge of shutdown, but has rather been positioned for its effective turnaround and revitalization through the support of its shareholder,” TOR management said in a statement.
By Laud Nartey|3news.com|Ghana