Ghana targets 70% of fuel demand from local refining by 2028

Ghana aims to meet about 70 per cent of its national fuel demand through domestic refining by 2028, as part of plans to expand the Tema Oil Refinery (TOR), its managing director Edmond Kombat has said.

Speaking at the Government Accountability Series on Monday, 26 October 2026, Kombat said TOR’s processing capacity had been increased from 45,000 barrels per day to 100,000 barrels per day.

“TOR is part of a national plan. With the refinery’s expansion from 45,000 to 100,000 barrels a day, Government is targeting about 70 percent of national fuel demand from local refining by 2028,” he said.

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The planned expansion is part of a wider government strategy to improve Ghana’s domestic refining capacity and reduce dependence on imported refined petroleum products.

Kombat said TOR was also progressing plans for a new 100,000-barrel-a-day greenfield refinery and petrochemical facilities. The proposals include extra storage capacity designed to meet current environmental standards.

President John Dramani Mahama directed the Minister for Energy and Green Transition on 1 August 2026 to work with the TOR board and management on a strategic roadmap for the refinery’s expansion.

The President also announced plans to restructure TOR so that it operates according to sound commercial principles and is protected from undue political interference.

As part of efforts to improve the refinery’s finances, the Ministry of Finance is working with TOR on a proposal to write off US$120 million in legacy debt owed to the government or convert the amount into equity.

Restoration plans

TOR’s Restoration and Legacy Projects programme for 2026 to 2029 proposes increasing the existing plant’s capacity from 45,000 to 85,000 barrels per stream day.

It also includes the construction of a new refinery capable of processing 115,000 barrels per stream day. Together, the two projects would give TOR a total processing capacity of 200,000 barrels per stream day.

The programme also provides for the development of a specialist hospital, including a burns and trauma centre.

“So that TOR’s revival leaves behind something that serves people as well as plant,” Kombat said.

He added that TOR was working with the Ghana Home Ownership Fund on a staff housing project on existing refinery land. The scheme is intended to help address accommodation shortages in the Tema Enclave.

“We will pursue these projects with strategic partners, within the climate compliance principles the President has set, and we will report on progress publicly,” he said.