HomeAbout LiberiaLiberia Petroleum Regulatory Authority Secures Concrete Commitments for Technical Assistance…

Liberia Petroleum Regulatory Authority Secures Concrete Commitments for Technical Assistance…

MONROVIA, LIBERIA-The Liberia Petroleum Regulatory Authority (LPRA) has secured concrete commitments for technical assistance to strengthen Liberia’s petroleum governance framework.

 The commitments were secured following the conclusion of a high-level mission to Washington, D.C., the United States.

The engagements were held as Liberia prepares for its 2026 Direct Negotiation Licensing Round and moves toward finalising supervising contracts with TotalEnergies EP Liberia and Oranto Petroleum Liberia.

According to a dispatch, the mission yielded actionable outcomes across multiple fronts, including fiscal modelling, regulatory capacity-building, investor outreach, and petroleum infrastructure development.

The release added that discussions at the International Monetary Fund (IMF) centred on enhancing Liberia’s petroleum fiscal regime.

The IMF signalled its readiness to provide technical assistance for hydrocarbon fiscal modelling and revenue management, with follow-up engagements now underway to finalise the scope and modalities of the support.

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