large scale oil refinery plant in Liberia

Liberia Inks $3 Billion Oil Refinery Agreement and Secures

  • large scale oil refinery plant in Liberia
  • large scale oil refinery plant in Liberia
  • large scale oil refinery plant in Liberia
  • large scale oil refinery plant in Liberia

Liberia Secures Over $3 Billion Investment Deals from China

Liberia: Issues and Options in the Energy Sector World

Conex Oil & Gas completes acquisition

Liberia: Energy Country Profile Our World in Data

  • Does Liberia have a functioning refinery?
  • Liberia does not have a functioning refinery. According to the Central Bank, all petroleum products are imported from abroad, and in 2020, imported petroleum products amounted to $161 million, representing 16 percent of total import payments.
  • Are there any Liberian oil companies?
  • A few Liberian oil companies, including Srimex Oil & Gas, Conex Group, and Aminata & Sons, have their own storage facilities located in the compound of the LPRC, a petroleum product regulatory arm of government.
  • Where does Liberia import refined petroleum?
  • Liberia imports Refined Petroleum primarily from: China ($1.91B), Brazil ($312M), Greece ($281M), Turkey ($36.7M), and United States ($35.3M). The fastest growing import markets in Refined Petroleum for Liberia between 2020 and 2021 were China ($762M), Greece ($186M), and Brazil ($123M).
  • Which entity regulates oil in Liberia?
  • The Liberia Petroleum Regulatory Authority (LPRA) manages regulation and policy for oil in Liberia, while the National Oil Company of Liberia (NOCAL) oversees exploration, development, and production. Liberian law restricts NOCAL from acting as a chief negotiator for the government and requires competitive bidding for all petroleum contracts.

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