The Institute for Energy Security (IES) has admonished the government to revive the Tema Oil Refinery (TOR) to help curb increasing fuel prices.
The IES in a statement described the government’s decision to import fuel to address cost-related issues as “reactionary, morally indefensible” and a misplaced priority that will not address the rampant fuel price increases in the long term.
“Government’s sudden appetite for imported fuel to address reliability and cost-related issues can best be described as reactionary, morally indefensible, misplaced priority, and a deliberate attempt to increase the fiscal burden of the Ghanaian economy. It must be stated forcefully ...