TOR to take delivery of 950,000 barrels of crude today

Business News of Friday, 19 October 2018

Source: classfmonline.com

2018-10-19

This is the first time TOR will be receiving crude since December 2016

The Tema Oil Refinery (TOR) is expected to receive some 950,000 barrels of crude oil today, Friday, 19 October 2018, in order to resume full operations.

Contract documents sighted by Class News indicate British Petroleum (PB) as the supplier.

Further checks revealed the vessel, British Heritage, which departed the harbour in Port Harcourt, Nigeria, on 16 October 2018, is expected to dock at the Tema Port at about 2:00 pm Friday.

This makes it the first time TOR will be receiving crude since December 2016.

In June this year, the refinery was forced to shut down its two main processing units due to the lack of crude oil to feed the plant.

The development forced the facility to limit its operations to tolling, leading to job cuts.

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