Ghana Replaces Head of Troubled Tema Oil Refinery

Ghana’s President John Mahama has replaced the head of the Tema Oil Refinery, the presidency said on Monday, in yet another management change at the cash-strapped 45,000 barrel-per-day plant.
The facility, Ghana’s sole refinery, has been plagued with regular shutdowns due to lack of funds for its operations and for the supply of crude for processing.
The new managing director, Kingsley Awuah-Darko, will be the refinery’s seventh managing director in ten years, the presidency said in a statement.
A businessman with expertise in the financial sector, Darko currently heads the state-run Bulk Oil Storage and Transportation Company. He replaces Alphonse Dorcoo, who took office barely two years ago.     
Ghana produces around 100,000 barrels per day of crude at its offshore Jubilee field and it also imports oil for domestic consumption.
Mahama said last year the government was seeking an external partner for the refinery.
Source: Reuters

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