The Tema Oil Refinery (TOR) has been ranked the second-best institution in financial management compliance under the Ministry of Finance, marking a significant milestone in the refinery’s history.
The recognition was announced in the Financial Management Compliance League Table released on March 19, 2026, by the Ministry of Finance Ghana. The ranking assesses public institutions based on adherence to financial regulations, accountability standards, and sound corporate governance practices.
TOR’s strong performance places it among the top-performing institutions in the country, reflecting improved internal controls and a commitment to transparency in financial management.
Management of the refinery expressed appreciation to staff and stakeholders for their collective efforts in achieving the feat, describing the recognition as a testament to teamwork and institutional discipline.
The refinery noted that the achievement represents a historic moment in its operations and underscores ongoing reforms aimed at strengthening governance and operational efficiency.
Reaffirming its commitment, TOR pledged to sustain and further enhance compliance across all aspects of its operations, with a continued focus on accountability, transparency, and best practices in corporate governance.
TOR Ranks Second in Finance Compliance


