TOR slashes debt from $650m to $300m, MD reveals

Source: MyJoyOnline · 2026-10-27T02:59:28.000Z · World

The Tema Oil Refinery (TOR) has reduced its debt burden from $650 million to about $300 million under a restructuring programme supported by the Energy Sector Levies Act (ESLA), Mr Edmond Kombat, Managing Director (MD) of TOR, has announced.

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