{"id":272917,"date":"2011-01-06T03:36:45","date_gmt":"2011-01-06T03:36:45","guid":{"rendered":"http:\/\/www.ghanamma.net\/?p=45031"},"modified":"2011-01-06T03:36:45","modified_gmt":"2011-01-06T03:36:45","slug":"alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/","title":{"rendered":"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down"},"content":{"rendered":"<p>The Chief Executive of National Petroleum Authority(NPA) Alex Mould has  hinted that Tema Oil Refinery will collapse if the TOR debt is not paid  down.<br \/>\nAccording to him, the TOR debt which as from 2008 was 1.5  billion was as a result of governments\u2019 interference in the pricing of  Tema Oil Refinery, promising subsidies which was never paid.<br \/>\nSpeaking on Asempa FM\u2019s <em>Ekosii Sen<\/em> programme, the NPA boss said the TOR debt recovery levy has been  increased to enable NPA get more money to pay the debt stressing \u201cwe  need the TOR debt recovery levy to pay down this debt. If this debt is  not paid down Tema Oil Refinery will not be able to continue in  existence&#8221;.<br \/>\nHe added that \u201cthe TOR debt arose because you and I did not pay the right price of fuel because of government interference\u201d.<br \/>\nHe  noted that they have been able to collect 120 million Ghana cedis from  2009 and 2010 of the TOR debt recovery levy and has pay down 445million  Ghana cedis of the TOR debt.<br \/>\nHe questioned what the NPP did with  the about 600 million Ghana cedis TOR debt recovery levy they collected  from 2002 to 2008, adding that \u201cthere has been no accountability of the  previous administration as to what they money was used for\u201d.<br \/>\nHe  explained that, if the NPP had used the 600 million Ghana cedis TOR debt  recovery levy they collected to pay down the debt which was less than  300 million \u201cwe would not be in this position\u201d.<br \/>\nMeanwhile,  Benjamin Kofi Aye, NPP MP for Upper Denkyira West, who was also a  panelist on the programme challenged the NDC government to come clear on  the right figure of the TOR debt at the time the NPP left Office.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chief Executive of National Petroleum Authority(NPA) Alex Mould has hinted that Tema Oil Refinery will collapse if the TOR debt is not paid down. According to him, the TOR debt which as from 2008 was 1.5 billion was as a result of governments\u2019 interference in the pricing of Tema Oil Refinery, promising subsidies which [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-272917","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Chief Executive of National Petroleum Authority(NPA) Alex Mould has hinted that Tema Oil Refinery will collapse if the TOR debt is not paid down. According to him, the TOR debt which as from 2008 was 1.5 billion was as a result of governments\u2019 interference in the pricing of Tema Oil Refinery, promising subsidies which [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down\",\"datePublished\":\"2011-01-06T03:36:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\"},\"wordCount\":301,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\",\"name\":\"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-01-06T03:36:45+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/01\/06\/alex-mould-tema-oil-refinery-will-collapse-if-the-tor-debt-is-not-paid-down\/","twitter_card":"summary_large_image","twitter_title":"Alex Mould: Tema Oil Refinery will collapse if the TOR debt is not paid down - Ghanamma.com","twitter_description":"The Chief Executive of National Petroleum Authority(NPA) Alex Mould has hinted that Tema Oil Refinery will collapse if the TOR debt is not paid down. 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