{"id":60361,"date":"2023-04-22T20:56:44","date_gmt":"2023-04-22T20:56:44","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/04\/22\/over-2-5m-worth-of-crude-condensate-missing-from-tor-energy-minister\/"},"modified":"2023-04-22T20:56:44","modified_gmt":"2023-04-22T20:56:44","slug":"over-2-5m-worth-of-crude-condensate-missing-from-tor-energy-minister","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/04\/22\/over-2-5m-worth-of-crude-condensate-missing-from-tor-energy-minister\/","title":{"rendered":"Over $2.5m worth of crude condensate missing from TOR &#8211; Energy Minister"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"332\"  alt=\"\" title=\"Dr Matthew Opoku Prempeh Legon\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/04\/Dr-Matthew-Opoku-Prempeh-Legon.jpg\" data- class=\"entry-thumb lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"332\" class=\"entry-thumb\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/04\/Dr-Matthew-Opoku-Prempeh-Legon.jpg\"   alt=\"\" title=\"Dr Matthew Opoku Prempeh Legon\"\/><\/noscript><figcaption class=\"wp-caption-text\">Dr Matthew Opoku Prempeh<\/figcaption><\/figure>\n<\/div>\n<p><strong>Energy Minister Dr Mathew Opoku Prempeh, has revealed <\/strong><strong>that $2.5 million worth of condensate is missing at the Tema Oil Refinery (TOR)\u00a0<\/strong><\/p>\n<p>While disclosing the losses, he explained that the Ministry secured a deal for TOR in the premix sector but $2.5 million could not be accounted for.<\/p>\n<p>\u201cI gave TOR a new business opportunity in the premix fuel market that all the condensate from Ghana Gas should be used for blending premix fuel. The last time I heard, Over 2.5 million dollars worth of condensate had gone missing from TOR.<\/p>\n<p>\u201cIf we all want TOR working, and we don\u2019t want another ECG in TOR, [we should do the right thing else] it will break the back of government\u201d.<\/p>\n<p>\u201cTOR has over $500 million worth of debt sitting on its books and go and look at how the debt is accumulated\u2013 people bring their crude to refine and then they record crude losses.\u201d<\/p>\n<p>\u201cYou don\u2019t pay taxes for it to go down the drain. You pay taxes for an efficient running of government. Government, I can tell you, is doing so much work to bring TOR to work. There are proposals lying up in TOR, SIGA, Attorney General, and Finance Ministry all having a look. Getting it right is a difficult proposition we are working on. And we will work diligently to get Ghanaians what is good,\u201d the Manhyia South lawmaker added.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr Matthew Opoku Prempeh Energy Minister Dr Mathew Opoku Prempeh, has revealed that $2.5 million worth of condensate is missing at the Tema Oil Refinery (TOR)\u00a0 While disclosing the losses, he explained that the Ministry secured a deal for TOR in the premix sector but $2.5 million could not be accounted for. \u201cI gave TOR [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":60362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-60361","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over $2.5m worth of crude condensate missing from TOR - 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