TOR replies Woodfields Energy over $5.7m product shortfall allegation

The Tema Oil Refinery Ltd (TOR) has debunked claims by Woodfields Energy Resources Ltd that there are shortfalls in the product volumes held in tanks at the refinery.

According to TOR, the claim that there was a shortfall of Woodfields’ products, equivalent to $5.7 million, was unfounded, as it is not established by any ongoing product reconciliation exercise with Woodfields Energy Resources Ltd.

In a statement issued by TOR, Corporate and Public Affairs Manager, Dr Kingsley Antwi Boasiako, said, it rejected “in no uncertain terms the erroneous impression being created by Woodfields” that the refinery had caused such a shortfall of products initially under its care.”

The statement, was in response to media publications that Woodfields, which is a client of the refinery had realised a shortfall of its products.

Find below the full statement: