Minority Caucus To Launch Parliamentary Probe Into Missing Oil Scandal At TOR

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The Minority Caucus in Parliament says they will dispatch a test into the unexplained vanishing of 105,927 liters of Gas Oil, an unfair stacking of 252,000 liters of Aviation Turbine Kerosene, the vanishing of 18 drums of electrical links, the vanishing of LPG and loss of Naphtha.

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The assessed cost of the taken things as indicated by them is in abundance of GHS42 million, that is, barring the worth of the Naphtha.

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“This shocking improvement comes closely following a few debasement outrages that have portrayed the Akufo-Addo/Bawumia/NPP Government especially, in the energy area which is quick turning into an area noted for stripped robbery and egregious negligence for due processes,” the proclamation said.

In an assertion endorsed by John Abdulai Jinapor, Member of Parliament for Yapei Kusawgu and Ranking Member for Mines and Energy, he expalined that the Tema Oil Refinery has its standard working methodology requiring the every day preparation to the board on stock bookkeeping and stock, which affirms to the executives the all out amount and quality in their tanks and the personalities of gatherings who own such stocks.

“It is hence unsound to know about such tremendous misfortunes with no substantial clarification,” the assertion added.

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Pinnacle forbids staff over item misfortunes

The Tema Oil Refinery (TOR) has been hit by monetary and item misfortunes in overabundance of GH¢20 million, which has prompted the prohibition of certain laborers of the treatment facility.

The episodes prompting the bans happened somewhere in the range of 2012 and 2015, with others happening in April and September this year.

The episodes verge on the vanishing and improper stacking of items, prompting TOR causing obligations, the disappointment of staff to pay TOR debt holders their due, regardless of the accessibility of assets, and the taking of choices with monetary ramifications without response to the Interim Management Committee (IMC) of the processing plant.

Subtleties

The assertion recorded the issues to incorporate the vanishing of 105,927 liters of gas oil that had a place with a mass oil conveyance organization on September 4, this year and the unjust stacking of 252,000 liters of flight turbine lamp oil (ATK), rather than ordinary lamp oil, into mass street vehicle (BRV) trucks at the stacking gantry between September 21 and 25 , 2021.

It said the rest were the vanishing of 18 drums of electrical links worth GH¢10.4 million from the specialized storage facility of TOR, found in April 2021; the vanishing of melted oil gas (LPG) having a place with a customer somewhere in the range of 2012 and 2015, because of which TOR became obliged to the customer as much as $4.8 million, as affirmed by an Ernst and Young review, and the deficiency of Naphtha (a sort of combustible oil) to a mass conveyance organization.

The IMC

Led by Mr Nobert Cormla-Djamposu Anku, with Messrs William Ntim Boadu and Okyere Baffuor Sarpong as individuals, the IMC was set up in June this year, after the Energy Minister, Dr Matthew Opoku Prempeh, had mitigated the considerable administration individuals from their positions.

It was entrusted to, in addition to other things, guarantee smooth exchange from the outgone chiefs, attempt specialized and human asset reviews, just as get and evaluate feasible organizations for TOR, assuming any.

Peruse Full Statement Below

John Jinapor

MINORITY CAUCUS TO LAUNCH PARLIAMENTARY PROBE INTO THE MISSING OIL SCANDAL AT TOR

The Minority Caucus in Parliament has noted with disdain the unexplained vanishing of 105,927 liters of Gas Oil, an unfair stacking of 252,000 liters of Aviation Turbine Kerosene, the vanishing of 18 drums of electrical links, the vanishing of LPG and loss of Naphtha. The assessed cost of the taken things is in abundance of GHS42 million, that is, barring the worth of the Naphtha.

This disastrous advancement comes closely following a few defilement outrages that have portrayed the Akufo-Addo/Bawumia/NPP Government especially, in the energy area which is quick turning into an area noted for stripped robbery and blatant negligence for due measures.

The Tema Oil Refinery has its standard working strategies requiring the day by day instructions to the board on stock bookkeeping and stock, which affirms to the executives the all out amount and quality in their tanks and the characters of gatherings who own such stocks. It is consequently indefensible to know about such enormous misfortunes with no substantial clarification.

This outrage raises issues of desolation of obligation with respect to the administration of the Company which require parliamentary request.

Beginning around 2017, the Tema Oil Refinery has been botched into a condition of incapacitated, with it’s orderly arrangement of 4 distinct Chief Executive Officers. For sure it is ending up being unmistakable that the treatment facility is continuously moving into a condition of all out breakdown. This is the reason the current Government has proposed to transform it into a Tank ranch.

Before leaving office in January 2017, the NDC/Mahama government had started, executed and dealt with the rebuilding of the whole treatment facility activities. In our journey to patch up the treatment facility, the NDC obtained Nine (9) million barrels of rough to be refined remembering a native unrefined from the TEN fields for Ghana.

The Refinery was saved large number of dollars by rebuilding its current obligation of $650 million which we acquired and diminished it by 300million dollars. This was done through the issuance of the Tema Oil Refinery Bond as a team with the Ministry of Finance and the Ministry of Petroleum to take care of four (4) Commercial Banks.

In actuality, the NDC/Mahama government granted raw petroleum worth $2million including the TEN unrefined to the Akufo-Addo/Bawumia government when we were leaving office in January 2017.TOR got a ringing expense on this raw petroleum to assist with financing its tasks. Unfortunately, this unrefined petroleum was arranged off under exceptionally murky and dubious conditions by the Akuffo Addo/Bawunia drove NPP government.

Furthermore, the NDC/Mahama government pulled in the biggest single interest in the downstream business in Ghana’s new years for the Tema Offshore Mooring Systems, presently called the Ghana Petroleum Mooring Systems (GPMS). A measure of $110million was brought into the TOR through this design as at December 2016, a surplus of $90million was in TOR accounts when the NDC government left office.

Regardless of these significant mediations, TOR brought about a deficiency of $24 million or more, subsequent to handling only 950,000 barrels of rough which was sufficient to dive TOR into additional obligation, prompting a constrained closure of the Crude Distillation Unit (CDU) on the morning of Friday 30th November 2018, generally because of helpless administration and political obstructions.

It is pitiful to take note of that the administrators of the treatment facility neglected to satisfactorily discover off-takers for the refined items prior to sourcing for the unrefined, subsequently delivering the items “abandoned” in tanks. This unusual business module implies the treatment facility made colossal misfortunes as costs continued to fall on the worldwide ware market and giving space for guiding of the items.

The Minority wishes to serve notice that it won’t sit uninterested for voracious and greedy Akufo-Addo/Bawumia government to plunge the main petroleum processing plant in the country into senseless.

We are very much aware of the concealment in the BOST embarrassment and can’t accordingly trust this Government to direct any reasonable, straightforward and unprejudiced examination. We hence wish to serve notice that we will in the coming weeks,

trigger the fitting standards and cycles for a full scale Parliamentary investigation into this open air burglary and humiliating display.

Meanwhile, we wish to approach government to choose able staff without sectarian parochial interest onto the administration and administering Board of the treatment facility, and furthermore halt from the pointless political obstructions in the activities of the processing plant.

Marked,

John Abdulai Jinapor-MP for Yapei Kusawgu and Ranking Member for Mines and Energy

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