edinle oil refinery in the in liberia

                                               
                                               
                                               
                                               
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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.‌
  • Will LPRC build a refinery in Liberia?
  • Now responsible for storing and handling petroleum and petroleum products, LPRC said in its 2011-16 strategic plan issued in October 2012 that it intended to conduct feasibility studies for construction of a 50,000-b/d refinery in Liberia (OGJ Online, June 21, 2016).‌
  • Will a new refinery boost Liberia's energy security?
  • The new facility will boost Liberia’s energy security and help decrease expensive imports of petroleum products to meet growing demand in the West African country. The modular refinery’s equipment was fabricated in Houston by VFuels before being shipped and assembled in Liberia.‌
  • 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.‌
  • Will Monrovia refinery boost Liberia's energy security in Q2 2022?
  • The 10,000 bpd Monrovia modular refinery has been commissioned in Q2 2022 in Liberia’s capital. The new facility will boost Liberia’s energy security and help decrease expensive imports of petroleum products to meet growing demand in the West African country.‌
  • 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.