Liberia: NOCAL Collapses One Year On - Liberia's Oil Basin Goes Quiet

Sep 15, 2016 | FrontPageAfrica
View Original

Liberia's oil industry is at a crossroads: If no new production sharing contracts (PSCs) are signed and existing ones are not extended, there will be no oil company operating in the Liberian offshore oil basin by the end of the first half of 2018. That was the dire message conveyed by NOCAL officials during a recent series of outreach program in communities along the basin.