TOR reacts to Woodfields’ claim of shortfall in product volumes

Management of the Tema Oil Refinery (TOR) has reacted to some publications in the media captioned ‘Woodfields Not Withholding Payments to TOR.’

In a statement, TOR said at no point in the ongoing product material balance between the two outfits has it been established that there is a shortfall in the product volumes of Woodfields Energy held in tanks at TOR to the tune of about USD5.7m.

Below is the full statement from TOR: