Oil & Gas Industry
Liberia has a very modest oil industry. The security situation in Liberia and the war in Sierra Leone are barriers to international investment. Limited exploration has occurred with seven wells having been drilled between 1970 and 1985.
In terms of downstream activity, all products are imported from neighbouring companies since the refinery at Monrovia was mothballed.
The oil industry is regulated by the Ministry of Land, Mines and Energy.
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