Tema Oil Refinery (TOR) Ltd.’s Commerce Division has reported a significant revenue achievement for February 2025, surpassing its target by a wide margin.
The division generated $2,919,515, more than double its initial goal of $1,166,820. This marks the highest monthly revenue for the refinery in the past three years.
Internal sources attribute the outperformance to a combination of strategic planning, enhanced revenue inflows, and upgraded product storage capabilities.
The leadership has acknowledged the crucial role played by TOR’s Commerce, Maintenance, Finance, and Safety teams in this success, emphasizing their efforts to optimize the refinery’s assets and maximize profit opportunities.
“This performance not only strengthens TOR’s financial position but also sets a new benchmark for the months ahead,” said one source close to the company.
Looking forward, the Commerce Division plans to leverage this momentum to sustain growth and expand TOR’s terminal business operations.
Management has praised the contributions from all departments involved and highlighted that this milestone underscores the refinery’s ongoing commitment to operational excellence and financial resilience.