Also known as: Managing Director Edmond Kombat · Mr. Kombat · TOR Managing Director Edmond Kombat · Mr Edmond Kombat · Mr Edmond Kombat Esq · Mr Kombat · Mr. Edmond Kombat
Edmond Kombat — Managing Director of Tema Oil Refinery, leading its financial and operational recovery since May 2025.
News reports
Order a long-term news report on Edmond Kombat
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
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Business & Financial Times
… Managing Director Edmond Kombat reinforced the appeal in his own review, disclosing that TOR is still owed a minimum of GH¢1.6billion in ESLA receivables from the finance ministry. …
Editorial: TOR calls for ESLA settlementsBusiness & Financial Times
Tema Oil Refinery (TOR) Managing Director Edmond Kombat disclosed that he has initiated direct conversations with government on mechanisms to recapitalise the company’s balance sheet – including releasing the refinery’s outstanding share of Energy Sector Levy Act (ESLA) receivabl …
TOR in recapitalisation talks with gov’t over GH¢1.6bn ESLA receivablesBusiness & Financial Times
… Managing Director Edmond Kombat reinforced the appeal in his own review, disclosing that TOR is still owed a minimum of GH¢1.6billion in ESLA receivables from the finance ministry. …
Gov’t to audit energy agencies debts as TOR pushes for ESLA receivables settlementThe Chronicle
… Mr Edmond Kombat, Managing Director of TOR, announced at the company’s 18th Annual General Meeting (AGM) in Accra, on Tuesday, that the refinery had successfully audited and finalised its outstanding accounts covering the years 2019 to 2024, in addition to completing the 2025 fin …
Tema Oil Refinery clears six-year backlog of audited financial statementsBusiness & Financial Times
… TOR Managing Director Edmond Kombat was also recognised at the 10th Ghana CEOs Summit in Accra, where he received the Outstanding Public Sector Leadership Award from the Ghana CEOs Network. …
TOR clears six-year audit backlogJoy Online
The Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat, has been recognised for his transformative leadership at the state-owned refinery at the 10th Ghana CEOs Summit, held at the Kempinski Hotel in Accra. …
TOR MD honoured for outstanding Public Sector Leadership at 10th Ghana CEOs SummitJoy Online
… Managing Director Edmond Kombat said discussions were ongoing on how Ghana’s crude allocation system could be restructured to ensure a more reliable supply of feedstock. …
Review Petroleum Act to secure crude supply for TOR – expert urgesJoy Online
… Speaking to journalists from the Africa Extractives Media Fellowship in Accra, Edmond Kombat said discussions were ongoing on how Ghana’s crude oil allocation could be structured to guarantee the refinery a more consistent supply of feedstock. …
TOR turns to West African crude as revamp efforts deepenThe Managing Director of Tema Oil Refinery says the refinery's restoration to production has created 1,657 permanent and temporary jobs, including 415 young engineers in permanent positions, plus about 6,500 indirect jobs in the downstream petroleum sector.
27 October 2026 · The Ghanaian Times →
The Managing Director of Tema Oil Refinery says the refinery's restoration to production has created 1,657 permanent and temporary jobs, including 415 young engineers in permanent positions, plus about 6,500 indirect jobs in the downstream petroleum sector.
27 October 2026 · The Ghanaian Times →
Tema Oil Refinery announced a "Restoration and Legacy Projects" programme for 2026–2029 aimed at quadrupling its refining footprint through brownfield expansion of existing capacity from 45,000 to 85,000 barrels per stream day and development of a new greenfield refinery with 115,000 bpsd capacity. The agenda also includes social infrastructure such as a Specialist Hospital with a Burns and Trauma Centre.
27 October 2026 · Joy Online →
The Tema Oil Refinery's MD has emphasised the strategic importance of refining Ghanaian crude domestically to retain value in the national economy and fulfil the President's value-addition vision. Since December 2025, TOR has resumed crude processing and received multiple cargoes of crude oil, including indigenous sources like Jubilee and Sankofa crude.
27 October 2026 · Joy Online →
Tema Oil Refinery Managing Director Edmond Kombat told the IMF that its past prescriptions for state-owned enterprises "haven't helped" developing countries, and noted that the Fund appears to be revising its approach. He said Ghana's state entities are now functioning profitably under President John Dramani Mahama.
27 October 2026 · Joy Online →
The Tema Oil Refinery has reduced its debt from $650 million to about $300 million through a restructuring programme supported by the Energy Sector Levies Act, according to its Managing Director. The refinery has also settled exposures to four banks as part of efforts to restore its financial viability.
27 October 2026 · Joy Online →
The Managing Director of Tema Oil Refinery told the IMF at a Government Accountability Series press conference that the Fund's long-standing advice to developing countries on state-owned enterprises "hasn't helped" and that Ghana's state entities are now operating profitably under President John Dramani Mahama.
27 October 2026 · Joy Online →
Tema Oil Refinery's managing director reports the refinery was near total collapse upon his January 2025 appointment, with GH¢10 billion in accumulated losses, debt of $517 million, and two major production units non-functional since 2019 and 2021 respectively.
26 October 2026 · The Ghanaian Times →
Tema Oil Refinery has returned to profitability after ten years, recording a profit before tax of GH¢1.24 billion in 2025, according to Managing Director Edmond Kombat. The refinery also reduced trade and other payables from GH¢7.1 billion to GH¢5 billion in a single year and completed audited accounts for 2019 to 2025.
26 October 2026 · The Ghanaian Times →
Tema Oil Refinery's Managing Director announced a major expansion drive to restore full commercial operation, with near-term work to increase throughput from 28,000 barrels per stream day to 45,000–55,000 bpsd, and a strategic roadmap to eventually reach 100,000 barrels per day processing capacity.
26 October 2026 · The Ghanaian Times →
The Managing Director of Tema Oil Refinery announced that crude processing resumed on December 19, 2025, after years of dormancy. Since May 2026, the refinery has received multiple crude cargoes including Jubilee Medium Sweet and Sankofa crudes, with the President commissioning the refurbished Crude Distillation Unit on August 1, 2026.
26 October 2026 · The Ghanaian Times →
The Tema Oil Refinery reported a profit before tax of GH¢1.24 billion in 2025, its first profitable year in a decade, attributed to prudent management and improved commercial operations. The refinery reduced trade and other payables from GH¢7.1 billion to GH¢5 billion and cut receivables days from 1,099 to 652.
26 October 2026 · Joy Online →
Tema Oil Refinery's recovery has boosted Burkina Faso's petroleum product movements through Ghana from 15 per cent in 2024 to 40 per cent, according to TOR's Managing Director, reflecting improved collaboration among petroleum sector institutions and strengthening Ghana's regional fuel supply role.
26 October 2026 · Joy Online →
Tema Oil Refinery has completed audited financial statements covering 2019 to 2024, ending six consecutive years without completed audited accounts. The refinery submitted seven audited financial reports to the State Interests and Governance Authority, restoring its financial reporting obligations to date.
26 October 2026 · Joy Online →
The Tema Oil Refinery's recovery programme has created 1,657 permanent and temporary jobs directly and engaged more than 6,500 indirect and temporary workers during turnaround maintenance, according to Managing Director Edmond Kombat. The positions include 415 young engineers in permanent roles, temporary workers on maintenance units, and employees hired through local contractors.
26 October 2026 · Joy Online →
The Tema Oil Refinery recorded a 216.19% increase in product storage volumes between 2024 and 2026, rising from 426,954 metric tonnes in 2024 to 1,350,000 metric tonnes in 2026, as management works to restore commercial operations and strengthen the refinery's role in Ghana's petroleum supply chain.
26 October 2026 · Joy Online →
The Managing Director of Tema Oil Refinery says the restoration of refining operations has strengthened Ghana's resilience against international disruptions to petroleum supplies, including those from the Iran conflict, and underscores the importance of maintaining domestic processing capacity.
26 October 2026 · Joy Online →
The Tema Oil Refinery's Managing Director disclosed that when the current management assumed office in May 2025, TOR had accumulated losses of approximately GH¢10 billion and debt of about US$517 million, alongside a negative equity position of GH¢7.6 billion by end-2024. He attributed the deterioration to prolonged operational shutdowns, outstanding statutory obligations, and growing liabilities, noting that key production units had been inactive since 2019–2021 and audited financial statements had not been filed for six years.
26 October 2026 · Joy Online →
Tema Oil Refinery aims to increase crude-processing capacity from 28,000 to between 45,000–55,000 barrels per stream day, with engineers completing work on the F-61 crude heater as part of operational recovery efforts.
26 October 2026 · Joy Online →
The Tema Oil Refinery is expanding its crude-processing capacity to 100,000 barrels per day as part of a government strategy to meet about 70 per cent of Ghana's national fuel demand through local refining by 2028. The expansion, directed by President Mahama, aims to reduce dependence on imported petroleum products and strengthen energy security, with a longer-term ambition of reaching 200,000 barrels per day.
26 October 2026 · Joy Online →
The Tema Oil Refinery has received more than five million barrels of crude oil following zero receipts in 2024, according to its Managing Director. The renewed supply reflects growing confidence among suppliers and business partners following the refinery's recovery programme and restart of operations in December 2025.
26 October 2026 · Joy Online →
An International Monetary Fund delegation led by Ghana Resident Representative Dr. Adrian Alter visited the Tema Oil Refinery to review its operations, ongoing rehabilitation works, and management's efforts to restore financial and operational stability. The refinery's Managing Director told the delegation that management has relied on internally generated funds since taking office in May 2025 and mentioned plans to list TOR on the Ghana Stock Exchange.
26 October 2026 · The Chronicle →
An International Monetary Fund delegation, led by Ghana Resident Representative Dr. Adrian Alter, visited Tema Oil Refinery to review its operations and assess ongoing rehabilitation work. TOR's Managing Director reported the refinery has relied on internally generated funds since the current management took office in May 2025 to sustain operations and restore processing plants.
25 October 2026 · Joy Online →
The Tema Oil Refinery is exploring a Ghana Stock Exchange listing to attract fresh investment while managing an inherited debt burden of approximately $517 million, including $120 million owed to government. Managing Director Edmond Kombat told an IMF delegation that the refinery has operated since May 2025 on internally generated funds without government support.
25 October 2026 · Joy Online →
A delegation from Uganda's Revenue Authority and Petroleum Commission visited Tema Oil Refinery on October 21, 2026, to learn about crude oil refining operations as Uganda advances plans to establish its own refinery. TOR's leadership briefed the team on the technical stages of refining and processing local crude oil.
22 October 2026 · Joy Online →
Skills for Progress Africa and ELAF Industrial Automation Limited took 10 Cohort 1 Fellows on an educational visit to Tema Oil Refinery, where they gained practical insight into refinery operations and engaged with industry professionals including TOR Managing Director Edmond Kombat.
16 October 2026 · Daily Guide →
Edmond Kombat has been named Energy Sector Reform Programme Champion of the Year 2026 (Petroleum Sector) by the Minister for Energy and Green Transition in recognition of his contributions to advancing reforms in Ghana's energy sector. The award, introduced in 2025, recognises heads of institutions within the energy sector for significant contributions towards revenue generation, cost reduction, operational efficiency and good governance.
9 October 2026 · Joy Online →
The Ghana National Petroleum Corporation has delivered approximately 950,000 barrels of Sankofa crude oil to the Tema Oil Refinery under a commercial arrangement, aiming to deepen domestic refining and retain more value from Ghana's petroleum resources locally.
26 September 2026 · Joy Online →
The Ghana TVET Service has partnered with Tema Oil Refinery to strengthen technical and vocational training through certification, industry-standard training, and work-experience placements for TVET learners. The partnership aims to provide students practical exposure to refinery operations and build a pipeline of skilled engineers, technicians, and maintenance specialists for the oil refining sector.
23 September 2026 · Joy Online →
The Ministry of Finance plans to write off about $120 million of Tema Oil Refinery's legacy debt, which currently stands at about $400 million, according to TOR's Managing Director. The proposed write-off is part of efforts to ease the refinery's financial burden following an earlier restructuring exercise.
22 September 2026 · Joy Online →
The Legal Green Association held a landmark programme bringing together law students, legal professionals and public officials for a conference, annual general meeting and election of new executives for 2026/2027. The event featured speakers including Ghana's Deputy Chief of Staff, Foreign Affairs Minister and Chief Whip of Parliament.
14 September 2026 · Joy Online →