Liberia oil refinery ce certificated oil refinery

Liberia gears up for commissioning of new

  • Liberia oil refinery ce certificated oil refinery
  • Liberia oil refinery ce certificated oil refinery
  • Liberia oil refinery ce certificated oil refinery
  • Liberia oil refinery ce certificated oil refinery

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  • 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.
  • 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.
  • Does Liberia offer concessionary offshore oil blocks?
  • Liberia has offered concessionary offshore oil blocks for bidding and direct negotiation in recent years. Few companies have expressed serious interest, but this may be due to the discovery of offshore oil in neighboring Cote d’Ivoire.

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