​GNPC SET TO SELL TEN CRUDE OIL TO TOR

The Ghana National Petroleum Corporation (GNPC) is prepared to sell its share of crude oil from the Tweneboa, Enyenra and Ntomme (TEN) oilfields in Western Region to the Tema Oil Refinery (TOR).

It said it was also ready to dialogue with its partners to sell either all or part of their share of crude oil from the TEN oilfields to TOR.
The TEN project, which has 80 percent oil and 20 per cent gas reserves, is expected to experience its first drop of crude oil on August 18, 2016.

The Chief Executive Officer (CEO) of the GNPC, Mr Alex K.M Mould said after the lead operator of the TEN project, Tullow Ghana Limited, had held an exhibition on the project, that crude oil would be sold to TOR on the same terms as pertained with other companies.

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