The Electricity Company of Ghana has stopped providing electricity to the Tema Oil Refinery (TOR) because it is unable to pay it debts according to a media report
The portal has indicated that TOR is now experiencing financial difficulties that have prevented it from being able to pay its electricity debts as well as the salary of its employees.
ECG turned off the flow of electricity to TOR’s facilities a few months ago due to a debt of roughly GH26 million.
As a result, when the the power distribution firm visited TOR’s facilities in March 2023, the management was able to pay a portion of the cost.
It has, however, been unable to adhere to the agreed-upon payment schedule.
According to the media, after speaking with some employees under the condition of secrecy, it was discovered that salaries had been delayed by a week.
Given that the refinery has been unable to run at full capacity for some time, this raises questions about its operationalization.