Business

GNPC Delivers 950,000 Barrels of Sankofa Crude to Tema Oil Refinery

The Ghana National Petroleum Corporation has shipped nearly a million barrels of its Sankofa crude to TOR, a move that could cement a steady domestic market for Ghana’s oil and expand local refining capacity.

GNPC executives inspect Sankofa crude shipment at Tema Oil Refinery
GNPC Delivers 950,000 Barrels of Sankofa Crude to Tema Oil Refinery

Ghana National Petroleum Corporation (GNPC) has supplied roughly 950,000 barrels of its Sankofa crude to the Tema Oil Refinery (TOR), a commercial transaction that links the country’s upstream production with its downstream refining sector. The cargo, transported aboard the Sonangol Cazenga, was received at TOR under a state‑to‑state agreement.

The shipment was inspected by a joint team led by GNPC Chief Executive Mr. Kwame Ntow Amoah and TOR Managing Director Mr. Edmond Kombat. Mr. Amoah said the deal reflects the President’s vision of strengthening Ghana’s petroleum linkages, retaining more value locally, and creating a dependable domestic market for the country’s crude.

He added that GNPC currently has eight to ten similar cargoes available each year, and that increased production from ongoing exploration—particularly the Voltaian Basin programme—could allow more shipments to TOR. “We are seeing an uptick in production, and we are continuing with our aggressive exploration efforts,” he noted.

TOR confirmed the Sankofa cargo was fully paid for through a Letter of Credit, with no debt exposure. Mr. Kombat described the crude as light and sweet, suitable for producing gasoline, gasoil, aviation fuel and LPG as TOR rebuilds its operating capacity.

Beyond crude, GNPC and TOR are discussing further collaboration, including the supply of natural gas to support refinery operations. Mr. Amoah said the partnership is commercially sustainable and will grow stronger as Ghana’s upstream output rises.

GNPC remains committed to boosting the country’s petroleum production and working with partners across the value chain to maximise local benefits.

Written by

Daniel

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