While this equity interest may be carried or paid, depending on the business relationship between the Operator, participants and the Liberian company, the Authority will conduct pre-qualification of all Liberian companies wishing to participate in keeping with the pre-qualification criteria established which are not similar to the criteria adopted for international oil companies. A list of pre-qualified Liberian companies will be submitted to qualified international bidders to possible partnerships in fulfillment of the amended petroleum law. Any company that is not pre-qualified will not be allowed to participate whether independently or as a participant in a joint venture with an international company.

In anticipation of conducting the Liberia Offshore License Round 2020, LPRA is soliciting applications for pre-qualification from Liberian companies wishing to participate in the bid round to be conducted from April 10-October 1, 2020. Download REOI from Liberian Companies to Be Pre-Qualified for Participation in the Liberia Offshore License Round 2020