MONROVIA, LIBERIA-The Liberia Petroleum Refining Company (LPRC) and Stratcon Energy and Trading Company of Ghana have signed an agreement for the supply of petroleum products on the Liberian market.

LPRC Managing Director Amos Tweh said:” Under the partnership, LPRC will import petroleum products to increase the Country’s strategic reserves and ensure energy security.”

Mr. Tweh said the move is in line with President Joseph Boakai’s vision to ensure the stability of price and the availability of products at all times.

The LPRC Managing Director clarified that the Company will not be involved with retailing, but will make products available to importers who often experience difficulties in bringing in products.

Speaking at the signing ceremony, Mr. Tweh said strengthening the Country’s strategic reserves will make the issue of shortage a thing of the past.

Meanwhile, Stratcon Energy and Trading Company Head of Delegation Harry Campbell wants Liberia to build a resilient petroleum infrastructure.

Mr. Campbell said:” Liberia is a coastal nation and such move will enable the Country to serve as a major petroleum hub for landlocked countries in the sub-region.”

He assured that the Company will partner with the LPRC to ensure that Liberia is self-reliant in petroleum product availability.

Mr. Campbell spoke on Wednesday, May 8, 2024, in Monrovia at the signing of a partnership agreement with the LPRC for the importation of products in the Country.

Mr. Harry Campbell expressed confidence that the Company’s collaboration with the LPRC will create opportunities to strengthen Liberia’s Petroleum Sector.

By: Yassah Subah