Liberia Petroleum Refining Company
LPRC DECENTRALIZES THE DOWNSTREAM PETROLEUM SECTOR
In a move to expand the constant supply of petroleum products on the national market, the Liberia Petroleum Refining Company (“LPRC”) has signed an agreement with Petro Trade/Sultan Steel for the rehabilitation and operation of the Ganta Oil Terminal (“GOT”) located in the City of Ganta, Nimba County.
This state-of-the-art facility will include an automated loading gentry, environmental and fire-fighting system, a petroleum testing laboratory and a new pump house. It will be used to store Liberia’s national strategic oil reserve and provide petroleum products to customers in Nimba, Bong, Lofa, Grand Gedeh and River Gee Counties.
It is estimated that the construction of this facility which will be capable of storing 800,000 gallons of petroleum products will last for 14 months and is expected to be dedicated September, 2014. It will be the first petroleum storage terminal located outside Monrovia, which is in line with the Sirleaf’s led government’s national decentralization program.
LPRC and Petro Trade will employ Liberians during the construction and operation phase of the terminal. Individuals will be employed as operations personnel, security, technicians and administrative staff. In addition, Liberian owned businesses will be used as sub-contractors and providers of other services such as legal, construction and transportation.
The Grand Launching for this all important downstream petroleum decentralization initiative will take place on Saturday, May 18, 2013 at 12:30 PM in the city of Ganta, Nimba County. We invite all of you to be a part of this historic event.