TOR considers BDCs partners in downstream petroleum market – Kombat
The Tema Oil Refinery (TOR) says Bulk Distribution Companies (BDCs) should be considered partners in its operations rather than competitors as it seeks to strengthen its position in Ghana’s downstream petroleum market. Managing Director of TOR, Edmond Kombat says the companies play an important role in the refinery’s distribution chain by purchasing refined petroleum products […]
Tema Oil Refinery (TOR) has stated that bulk distribution companies (BDCs) should be seen as partners rather than competitors in Ghana's downstream petroleum market. Managing Director Edmond Kombat said BDCs play a crucial role in the refinery's distribution chain by purchasing refined products for sale to Oil Marketing Companies (OMCs).
He emphasized that TOR and BDCs have a complementary relationship, with the refinery focusing on processing petroleum products while distribution companies handle their transportation to the market. Kombat clarified that BDCs are not refineries and instead serve as extensions of TOR. He explained that TOR sells its products to BDCs, which then supply OMCs, making the distribution companies integral to TOR's commercial operations.
TOR must concentrate on enhancing operational efficiency, product quality, and pricing to remain competitive in the deregulated market. Kombat stressed that delivering value to customers is key in a deregulated market where companies can freely import petroleum products.
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