During the inauguration of the Santuo Oil Refinery in Tema, President Akufo-Addo reiterated Ghana's commitment to revitalizing the Tema Oil Refinery, emphasizing the country's potential to locally refine oil and reduce dependence on imports.
Energy Minister Dr. Mathew Opoku Premier extended an invitation to foreign investors to participate in Ghana's energy sector to enhance productivity.
The Santuo Oil Refinery, owned by the Chinese firm Santuo Group, initially processes 40,000 barrels of oil daily, with plans to increase capacity to 100,000 barrels per day in its first phase.
Executive Chairman of Santuo Group, Xu Ning Quan, expressed gratitude for collaborative efforts facilitating the refinery's establishment, affirming their commitment to Ghana's progress in the energy sector.