Monrovia, Liberia, August 24, 2024 – The Liberia Petroleum Regulatory Authority (LPRA) welcomed Jonathan Hilton, Economic Officer from the U.S. Embassy in Liberia, during a courtesy visit on August 23, 2024. The visit focused on strengthening the collaboration between the United States and Liberia in developing Liberia’s hydrocarbon sector.
Hon. Marilyn T. Logan, Director General of the LPRA, played host during the meeting and highlighted the crucial role the U.S. Government has played in supporting the LPRA. She pointed out that the United States Department of State (DOS), through the Bureau of Energy Resources (ENR) and the Energy Governance and Capacity Initiative (EGCI), has been instrumental in helping Liberia develop its petroleum legal and regulatory framework, including the establishment of the independent Liberia Petroleum Regulatory Authority (LPRA).
During the discussion, Hon. Logan shared updates on Liberia’s ongoing licensing round, emphasizing that the process will be conducted transparently, ethically, and with a strong commitment to integrity. She assured that the LPRA is focused on attracting financially sound and responsible oil and gas companies to ensure maximum benefits for Liberia. Additionally, she expressed the need for continued support in developing regulations for petroleum transportation and downstream activities, which is key to creating a fully regulated petroleum sector in Liberia.
Jonathan Hilton commended the LPRA for its efforts to uphold transparency and accountability, noting that these principles are essential for attracting and sustaining investment. He also recognized the progress made by the LPRA and expressed the U.S. Government’s willingness to explore further opportunities to support Liberia, particularly in efforts to combat corruption, a significant concern for U.S. businesses operating in the country.
As Liberia advances its petroleum industry, the LPRA remains committed to creating a conducive environment for investment, driven by transparency, consistency, and safety.
