Energy Minister Matthew Opoku Prempeh has charged the new Board of Directors of the Tema Oil Refinery to restore Ghana’s only refinery to viability.

Inaugurating an eleven-member board in Accra, Dr Prempeh noted: “Despite several interventions in the past, TOR seems to remain in distress”.

“This cannot and must not continue”, he warned.

Dr Prempeh pointed out: “There is enough demand in the country for what TOR’s core mandate stands for, and I urge you to see new entrants into the market more as your collaborators than your competitors per se”.

In that process, Dr Opoku Prempeh urged the new board “to be mindful that demand is not stagnant, and TOR must work hard towards becoming a viable player in this industry and to take advantage of the demand for your services.”

“I would want to urge TOR to make a deliberate effort to ensure that it becomes a modern-day 21st-century organisation centred on profit-making as a State-owned company supporting the government of the day,” he stated.

The board, chaired by Leon Kendon Appenteng, includes Kofi Mocumbi Tagoe as Managing Director, along with members such as Dr. Antoinette Tsiboe-Darko, Edith Sapare Grant, Nana Akua Bakoma Prempeh, Loraine Crabbe Ababio, Alfred Thompson, Joseph Mensah Browne, Kwame Baffoe, and Herbert Ato Morrisson.