Liberia: Liberia Auctions Oil Blocks Online Due to Coronavirus Outbreak

Jun 7, 2020 | Oil & Gas Republic
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The Liberian Government is seeking interest from companies on participating in the offshore license round, which was open since April 10, 2020. But, due to the COVID-19 pandemic, the Government has decided to move the bidding rounds online in order to restrict coronavirus transmission. Early this year, President Dr. George M. Weah announced the opening of the entire Harper Basin. The President said that the Liberia Petroleum Regulatory Authority (LPRA), will open up the entire Harper Basin at the next Licensing Round and Nine (9) offshore blocks will be put up, allowing competent and reputable local, international oil and gas companies to bid with the hope of recommencing exploration programs, following years of inactivity.