Ghana aims to cut fuel import with new Tema refinery to open in August

Ghana’s $1.98 billion oil refinery in Tema, is expected to come online by the end of August this year.

The refinery, which is Sentuo Group’s latest investment, is expected to produce 5 million tonnes of petroleum products, including liquefied petroleum gas (LPG), jet fuel, gasoline, diesel and diesel fuel. fuel oil.

Minister for Trade/ Industry Hon T.K Hammond, visited the facility on Monday and confirmed that Sentuo Group is in talks with the Department of Energy to purchase 500,000 barrels of crude oil from Ghana’s oil fields for its first production run.

The refinery will refine 4.26 million tons of refined petroleum products such as gasoline, kerosene and high-quality diesel on euro iv standards by 2025,according to the Sentuo Group.

The refinery is also expected to produce 350,000 tons of a variety of tar products, 200,000 tons of lubricating base oils and solvent naphtha, and 400,000 tons of by-products such as polypropylene, ammonium sulfate, sulfuric acid and sulfur.

Ghana, one of Africa’s fastest growing hydrocarbon markets, is looking to double production by the end of 2023.

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