High fuel prices: TOR must work again – Titus

The Tema Oil Refinery (TOR) must be made to work again, Former Member of Parliament for Tema East, Daniel Titus Glover has said.

In his view, this will contribute in solving the high prices of fuel in the country.

Speaking on the New Day show with Rolland Walker  on TV3 Wednesday November 9, he indicated that the decision by government to look for cheap fuel on the international market to deal with the increasing fuel prices in Ghana is good in the interim.

However, in the ling term, he said, TOR should be made to work again.

“TOR must work again. The president’s’ first address, he touched about how we can source some cheap refined petroleum products, that is fine in the interim but I want to look at the situation where the refinery can work again because as we speak, the fenace that went bad some few months ago has been refurbished and the crude distillation unit is working,” he said.

President Nana Addo Dankwa Akufo-Addo announced in his address on Sunday October 30 that the government was working to secure reliable and regular sources of affordable petroleum products for the Ghanaian market to stabilise fuel prices.

Priori to that, Information Minister Kojo Oppong Nkrumah had said that the government has tasked the Energy Ministry and the National Petroleum Authority (NPA) to find reliable and cheaper sources of fuel.

He said “The deregulated market we have here where BDCs import from big companies on high fees from the refinery wherever and bring them in is contributing to the quickened escalation of fuel prices.

“To arrest it, the Energy Ministry working through NPA and other agencies etc is been tasked to finding reliable, cheaper sources of fuel for the Republic so that the OMCs locally can tap into and hopefully halt that escalation in fuel prices.”

Work