The refinery was first named the Ghanaian Italian Petroleum Company (GHAIP). It was licensed as a private limited liability company in 1960 as a fully owned Italian company ? ANIC Societa per Azioni and AGIP Societa per Azioni of Italy were its major shareholders. In April 1977, the Government of Ghana became the sole shareholder.
When will sentuo oil refinery be completed?
The “Sentuo Oil Refinery Limited (SORL)” phase 1 will be completed in October 2022 and will have an initial production capacity of 2 million tons per year (tpy). Phase 2 of the Sentuo Oil Refinery will be completed in January 2024 and will operate at a capacity of 5 million tons per year (tpy).
What is sentuo oil refinery?
Driving an interconnected development for the West African region. Sentuo Oil Refinery was conceived from the Chinese government’s Belt and Road Development Strategy for the oil and gas industry in China & Africa. Following extensive research and consultations, the Sentuo Group settled on Shanghai HoTo Engineering’s oil refinery technology.