Tema Oil Refinery (TOR) is the premier and only refinery in Ghana. The refinery was among the first eight refineries in Africa as at 1963. Our refinery is a 45,000 barrel per stream day (bpsd) capacity Crude Distillation Unit and supplies this quantity out of the national demand of 65,000 bpsd. The 14,000 bpsd Residue Fluid Catalytic Cracker (RFCC) Unit converts atmospheric air to higher value finished products. Our processing plants are relatively new by European and US standards The refinery is situated in Tema about 24 kilometers east of the capital, Accra. It was originally named the Ghanaian Italian Petroleum (GHAIP) Company and incorporated as a Private Limited Liability Company under the Companies Ordinance (Cap 193) on December 12, 1960. It was 100% owned by the ENI Group (Ente Nationalie Indrocarburi) of Italy. The Government of Ghana bought all the shares of GHAIP in April 1977 and became sole shareholder. In 1990 the name was changed to the Tema Oil Refinery (TOR).