Story by George Yawson VINEH

A Board Member of the Tema Oil Refinery has dismissed claims that the government is planning to privatize the company, insisting that the refinery’s recent performance demonstrates its ability to thrive under state management.

Speaking on Pan African Television program, Talk Time with Kwesi Pratt Junior Saturday June 13, 2026 the board member and lawmaker for Sissala East Constituency, Honorable Mohammed Issah Bataglia said reports suggesting plans to sell or privatize TOR are unfounded and do not reflect the government’s position regarding the future of the refinery.

He noted that ongoing operational improvements and positive gains recorded by TOR in recent months are clear indications that the refinery can be efficiently managed by the state when provided with the necessary support and strategic direction.

The board member further emphasized that management and the board remain focused on revitalizing the refinery, improving productivity, and restoring TOR’s position as a key player in Ghana’s petroleum sector.

He expressed confidence that the refinery’s current trajectory will strengthen public trust in state-owned enterprises and reaffirm the government’s commitment to sustaining TOR as a national asset.

The remarks come amid public discussions about the future of the refinery and efforts aimed at ensuring its long-term sustainability and competitiveness within the energy industry.