Ghana must work towards developing its refinery capabilities to add value to its large crude oil deposits if it desires to take charged of its economy, Executive Chairman of the Sentuo Group, owners of Sentuo Oil Refinery (SOR) Limited, Mr Xu Ningquan has said.
The Sentuo Group is investing $980 million in a two million metric ton per annum capacity at its oil refinery in Tema.
The Sentuo Group says it is investing $980 million in a two million metric ton per annum capacity oil refinery in Tema, with plans for a second phase to increase the capacity by an additional three million metric tons per annum.
The $2 million Sentuo Oil Refinery has an initial processing capacity of 40,000 barrels per day, scalable to 100,000 barrels when the facility is fully operational