Liberia Putting 9 Oil Blocks up For Sale Amid Concerns Over Petroleum Law Breach - News Summed Up

Liberia Putting 9 Oil Blocks up For Sale Amid Concerns Over Petroleum Law Breach


Monrovia – On January 7th 2020, World Oil published that in April, Liberia will offer nine (9) blocks in a new bid round. The “Authority” is the Liberia Petroleum Regulatory Agency (LPRA). Experts say the importance of Liberia’s next bid round cannot be overstated and will determine all future successes for Liberia’s fledgling oil sector. The Liberia Petroleum Regulatory Authority has failed to draft, get approval for and publish vital regulations as stated by the Petroleum E&P Law (2014). The current and second Director General of the Authority (LPRA) is Archie N. Donmo, who replaced the first Director of the Authority (LPRA) and a hand-picked Pro-temp Chie choice, Edward Smith.


Source: Front Page Africa January 09, 2020 00:55 UTC



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