Entries by Observer

Liberia: New Petroleum Pricing Threatens Energy Security, Jobs

[Liberian Observer] A government policy meant to lower fuel costs has triggered warnings of a potential breakdown in Liberia's petroleum supply chain, with operators cautioning that the September 2025 pricing circular will push companies into insolvenc...

Liberia: LPRA Hails Oil Agreements With TotalEnergies

[Liberian Observer] Director-General Marilyn T. Logan of the Liberia Petroleum Regulatory Authority (LPRA) has hailed the landmark signing of Production Sharing Contracts (PSCs) between Liberia and TotalEnergies, describing the milestone as a historic ...

Liberia: Digging Ourselves Into a Petroleum Pit?

[Liberian Observer] Petroleum is not just another commodity. Like rice, telecommunications, and cement, it sits at the heart of Liberia's economic security. The pumps keep our taxis moving, our generators humming, our markets supplied. Any policy that ...

Liberia: Liberian Petroleum Terminal Owners Call for Immediate Action

[Liberian Observer] Liberia's petroleum industry has been plunged into crisis following the release of the September 2025 petroleum pricing circular, which private terminal owners say could bankrupt their businesses and wipe out more than $300 million ...

Liberia: U.S.$17m Expected From New Petroleum Levy

[Liberian Observer] The Government of Liberia is expected to raise an estimated US$17 million annually through new petroleum levies, following a presidential directive to the Liberia Petroleum Refining Company (LPRC) to adjust the petroleum pricing str...

Liberia: Senate Applauds Executive On New Petroleum Pricing Adjustments

[Liberian Observer] The Liberian Senate has commended the Executive, through the Liberia Petroleum Refining Company (LPRC), for implementing recent adjustments to petroleum pricing, affirming the government's commitment to transparency, fairness, and s...

Liberia: ‘Smuggling’ of ‘Political Goods’ to Guinea Persists Amid Price Hikes in Liberia

[Liberian Observer] The "smuggling" of cement, rice, and petroleum products--classified by the government as "political goods"--continues to escalate across Liberia's borders, raising concerns about commodity shortages and soaring prices in local markets.

Liberia: LPRC to Receive First Petrol Shipment in 4 Decades

[Liberian Observer] In a landmark development for Liberia's petroleum sector, the Managing Director of the Liberia Petroleum Refining Company (LPRC), Mr. Amos Tweh, has announced that the country is set to receive its first direct shipment of petroleum...

Liberia: Nocal VP Defends Oil Blocks Acquisition

[Liberian Observer] National Oil Company of Liberia (NOCAL) has pushed back against criticism surrounding the recent executive allocation of oil blocks by President Joseph Boakai, following a media report quoting an anonymous oil sector expert who labe...

Liberia: Boakai Grants Ownership of Strategic Oil Blocks to Nocal

[Liberian Observer] In a landmark decision to strengthen Liberia's energy independence and economic prosperity, President Joseph Nyuma Boakai, Sr. has allocated four offshore oil blocks to the National Oil Company of Liberia (NOCAL) with full 100% owne...