TOR begins full-scale operations

The Tema Oil Refinery (TOR) will resume full-scale operations today after concluding the necessary pre-testing of its Residual Fluid Catalyser Cracker.

Although repair works were concluded on the Crude Distribution Unit early this year, the unit continued to be shut due to the lack of crude oil.

The Public Affairs Manager at TOR, Abba Lokko told Joy Business with repair works completed refined products will be available for the market by next week Monday.

Government is putting together an auditing committee made up of international auditing firms to access the true status of the country's budget deficit.

Though the country's budget deficit currently stands at 15 per cent of GDP, the current administration believes that the figure could go up after the audit.