hot cold press black seed oil refinery plant 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 Liberia's first palm oil refinery be a success in 2025?
  • By 2025, MPOP is committed to a significant milestone: the establishment of Liberia’s first palm oil refinery. This groundbreaking development will mark a pivotal moment in our journey towards greater sustainability and value addition within the palm oil sector. Stay tuned as we work diligently to bring this innovative project to fruition!‌
  • 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 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).‌
  • 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.