Tullow starts selling Jubilee, TEN crude to Ghanaian refineries

Tullow Oil has commenced selling crude from its Jubilee, Tweneboa, Enyenra, and Ntomme (TEN) fields to refineries in Ghana, with the aim of supporting domestic refining efforts. This move was highlighted by Tullow's Chief Financial Officer, Richard Miller, during an investor meeting discussing the company's half-year results. Miller noted this as a significant achievement for Ghana's oil sector, emphasizing that the sale was conducted on a commercial basis and that mechanisms were put in place to ensure a favorable refinancing package.

He praised the government's initiatives to enhance refinery operations in Ghana, describing the development as "a fantastic achievement."

The first cargo was sold to Sentuo Oil Refinery earlier this year. Tullow expects to increase its crude liftings for the year, targeting 14 cargoes in 2026, with 11 from the Jubilee field and three from the TEN fields. This development not only provides another commercial channel for domestically produced Ghanaian crude but also strengthens the link between upstream production and domestic refining.