The Chief Government Officer of the Affiliation of Oil Advertising Firms (OMCs), Dr. Riverson Oppong has known as for the institution of an efficient native refinery to assist the oil and fuel sector.
Dr. Oppong burdened the necessity for presidency to revive the Tema Oil Refinery (TOR) to create jobs and help within the processing of crude.
In line with him, it will assist tackle some overseas trade challenges affecting operators within the sector.
Talking in an interview, Dr. Oppong bemoaned the speed at which firms battle with the depreciation of the cedi towards the greenback.
“After we found fuel, we had been fast to determine the Atuabo Fuel however why not for crude oil. I consider it’s time we’ve native refineries working. This can most likely assist with the FX challenges we’re presently dealing with as an affiliation”.
“Sentuo has been on and off and I believe TOR must be working. We’re all on this nation so I anticipate TOR to be again. In one of many conferences I offered the economics on the good thing about having TOR. I don’t know why it’s nonetheless not working. We had guarantees upon guarantees however right here we’re nothing has been performed”, he complained.
He disputed claims that OMCs don’t promptly decrease costs when the components level to discount in costs.
He additional revealed that the affiliation is working to take care of complains of service high quality points which have come up in current occasions from some shoppers.
“There may be at all times a motive, why the OMCs delay in reviewing costs on the pumps, and that has nothing to do with the arguments that they wish to shortchange shoppers”, he defended.
“Trying on the progress that we’ve made with regards to creating the sector, we shouldn’t be having these sorts of challenges. They’re dedicated to doing the whole lot to make sure that assist restore confidence within the business when it comes high quality of merchandise bought”.