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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 […]

TOR considers BDCs partners in downstream petroleum market – Kombat

Tema Oil Refinery (TOR) views Bulk Distribution Companies (BDCs) as valuable partners in the downstream petroleum market of Ghana, rather than competitors. Managing Director Edmond Kombat emphasized that BDCs play an essential role in the refinery's distribution chain by purchasing refined petroleum products and selling them to Oil Marketing Companies (OMCs).

Kombat clarified that TOR focuses on processing petroleum products while BDCs handle movement to the market, making the companies a crucial part of TOR's commercial operations. TOR currently sells products to BDCs, who then supply OMCs. The refinery aims to strengthen its position in Ghana's deregulated petroleum market by concentrating on operational efficiency, product quality, and competitive pricing.

Kombat stressed that the market's freedom allows companies to import products, urging TOR to focus on delivering value to customers instead of dwelling on competition. He concluded by affirming the refinery's resilience in the face of the deregulated market.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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