By Francis Ntow
Accra, Oct. 27, GNA – Burkina Faso has increased its petroleum product imports through Ghana from 15 per cent in 2024 to 40 per cent in 2026, Mr Edmond Kombat, Managing Director of the Tema Oil Refinery (TOR), has said.
The increase follows the resumption of operations at TOR, which has improved the availability of locally refined petroleum products for export to the landlocked West African country.
Mr Kombat disclosed this at the Government Accountability Series, attributing the development to improved storage capacity, logistics and supply stability.
He said the National Petroleum Authority (NPA), BOST Energies and other petroleum service providers had contributed to the improvement in petroleum product storage and distribution.
TOR’s product storage volumes increased by 159.37 per cent in 2025 and a further 21.91 per cent in 2026, rising from 426,954 metric tonnes in 2024 to 1.35 million metric tonnes in 2026, representing a cumulative increase of 216.19 per cent.
Mr Kombat said the refinery’s operations had enabled Ghana to supply locally refined products to Bulk Distribution Companies serving Burkina Faso, reducing the need to source products from distant markets.
He said the increased commercial activity had also benefited BOST Energies and private Bulk Oil Storage and Transportation terminals, while generating additional port and transit levy revenue for the country.
“Commercial operations generated more than 36 per cent in revenue in 2025 compared to 2024 and almost 60 per cent revenue growth as of September 2026 this year,” he said.
Mr Kombat said TOR’s Crude Distillation Unit (CDU) and Residual Fluid Catalytic Cracker were both idle in 2024, when the refinery received no crude oil, prompting Burkina Faso to divert most of its petroleum imports away from Ghana.
He said TOR restarted its CDU in December 2025 and had since received more than five million barrels of crude oil, including Jubilee and Sankofa crude supplied by the Ghana National Petroleum Corporation (GNPC).
“With the refinery’s expansion from 45,000 to 100,000 barrels a day, government is targeting about 70 per cent of national fuel demand from local refining by 2028,” he noted.
On employment, Mr Kombat said TOR had created 1,657 direct jobs, including permanent positions for 415 young engineers, and more than 6,500 indirect jobs during the company’s turnaround.
GNA
Edited by Kenneth Sackey
Reporter: Francis Ntow
Email: [email protected]