Entries by Observer

Liberia: Boakai Backs Major Expansion At LPRC

[Liberian Observer] President Joseph Boakai, has commended the Liberia Petroleum Refining Company (LPRC) for its strong operational performance and expressed full support for its proposed expansion and modernization of the LPRC Product Storage Terminal...

Liberia: LPRA, GPC Deepen Ties On Oil&gas Sector Dev.

[Liberian Observer] The Liberia Petroleum Regulatory Authority (LPRA) has signed a Memorandum of Understanding (MOU) with the Ghana Petroleum Commission (GPC), marking a significant step in south-south cooperation for energy sector regulation.

Liberia: Senate Moves to Avert Oil Sector Crisis

[Liberian Observer] The country's emerging oil and gas sector is facing what experts describe as a potentially significant governance challenge following a jurisdictional dispute between the Liberia Petroleum Regulatory Authority (LPRA) and the Nationa...

Liberia: LPRA Clarifies Liberia’s Petroleum Licensing Framework

[Liberian Observer] The Liberia Petroleum Regulatory Authority (LPRA) has issued a detailed clarification on Liberia's petroleum licensing framework following growing questions from oil companies and stakeholders regarding the allocation of responsibil...

Liberia: Communities Elated Over Reported Oil Discovery

[Liberian Observer] In November last year, excitement swept through Beon and neighboring towns in Grand Bassa County after residents discovered a thick, black substance floating on the river--a find many locally believe to be crude oil.

Liberia: World Bank, Liberia Assess Economic Stability Under Oil Pressure

[Liberian Observer] Finance Minister Augustine Kpehe Ngafuan and a high-level Liberian delegation have held strategic discussions with Ousmane Diagana and senior World Bank officials to assess economic stability under mounting oil price pressures linke...

Liberia: Petrol Products Prices Hiked

[Liberian Observer] Liberians are facing higher petroleum prices as the Government of Liberia has announced a new price ceiling for petroleum products, reflecting an upward revision in gasoline and diesel prices. The adjustment, which took effect on Ap...

Liberia: Liberian Oil Ambitions Gain Global Momentum

[Liberian Observer] The government's push to reposition Liberia as an emerging petroleum destination has received a significant boost, with the Liberia Petroleum Regulatory Authority (LPRA) securing high-level technical and institutional backing from t...

Liberia: Senate Passes Bill to Reform Petroleum Sector

[Liberian Observer] The Liberian Senate has passed a landmark bill aimed at reshaping the country's petroleum sector.

Liberia: ‘We Do Not Collect Govt Taxes’

[Liberian Observer] The Liberia Petroleum Refining Company (LPRC) has publicly rejected claims that it collects and mismanages government taxes on imported petroleum products, saying the allegations are false and reflect a misunderstanding of Liberia's...