TOR investigates product storage, transfer losses
The Interim Management Committee of the Tema Oil Refinery (TOR) has commenced investigations into product storage and transfer losses.
The move is aimed at eradicating or reducing product losses at TOR to the barest minimum and to enable the refinery to realise its vast potential.
A statement issued in Accra by TOR said incidence of product storage and transfer losses that had so far been discovered included, the disappearance of 105, 927 litres of gas oil on September 4, 2021, which belongs to Bulk Distribution Company (BDC) client.
It said TOR also discovered the wrongful loading of 252,000 litres of Aviation Turbine Kerosene instead of regular Kerosene into BRV Trucks ,at the loading gantry between September 21 and 25, 2021.
The statement said TOR discovered the disappearance of 18 drums of electrical cables, worth GHS 10.4 million, from the Technical Storehouse of TOR, in April 2021.
It said the refinery also detected the disappearance of Liquefied Petroleum Gas (LPG), belonging to a client, between 2012 and 2015, as a result of which TOR became indebted to the client to the tune of USD48 million, as confirmed by an Ernst and Young audit”.
The statement said there was loss of Naphtha to a BDC client.
It said a number of staff members, who held various positions of responsibility with respect to the transfer of products have been queried and interdicted, pending the outcome of investigations.
TOR said while the investigations were ongoing, “we urge all staff to remain calm and be rest assured that the investigations are being conducted in accordance with due process of law.
Anyone cleared in the process will be recalled from interdiction while any form of liability will be dealt with in accordance with law.”- GNA
