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Ghana to restart Tema Oil Refinery by end-2025, cutting imports and boosting energy security.
Ghana plans to restart the Tema Oil Refinery by end-2025 under a tolling deal with Sentuo Oil Refinery Limited, aiming to meet 60% of domestic oil demand and cut its $10.2 billion annual import bill by $400 million monthly.
The project, 98% complete, includes upgrades to key infrastructure.
This move is part of broader reforms to stabilize fuel prices, strengthen the cedi, and boost energy security.
The government is also advancing a $4 billion 24-hour economy plan, a floating solar plant at Bui, and other initiatives to attract investment, create jobs, and position Ghana as a regional industrial hub.
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Ghana reiniciará la refinería de petróleo de Tema para fines de 2025, reduciendo las importaciones y aumentando la seguridad energética.