Post #407

Mysticism All Around Us ✨ What is wrong with oil production and refining in Ghana? 🧿 Ghana’s only oil refinery has resumed operations after years of downtime. But this is not just about a refinery. It is about an almost mystical pattern that keeps preventing the country from getting oil production and oil refining to work at the same time. 🌟 The plant in question, Tema Oil Refinery (TOR), itself is already remarkable. It was built by Italians back in 1960 — exactly 50 years before Ghana began producing its own oil — and was designed to process low-quality crude from Angola and Nigeria. ⚙️ The refinery lived happily right up until 2010, when Ghana started producing its own oil. At that point, it turned out that the plant, by then state-owned, was obsolete and held together only by multimillion-dollar debts. 💥 On top of that, local crude grades were simply not suitable for it. Time and again the refinery halted operations, saw an explosion and fire in 2017 and was finally shut down in 2021. 🚩 Today, fresh and modernized, it is opening its doors once again — but this time a crisis threatens Ghana’s oil sector facing the depletion of the country’s main fields. ❓ How long the refinery will coexist with the local crude production this time and whether it will once again have to be rebuild for crude from another part of the continent, remains an open question. ➡️ Follow to stay informed - @devilsbelow