Liberia perseveres with licensing round
West African country presses ahead with plans to auction offshore acreage
Defying the disruption caused by the Covid-19 pandemic and the slump in world oil markets, Liberia has pressed ahead with the offshore licensing round that it had announced for launch in April. Formal inauguration of the round on 10 April was followed by an online launch five days later. The round covers nine blocks (LB-25 to LB-33) in the Harper Basin, off the southwest coast and the window for submitting offers will run from 1 November to 28 February 2021. The widespread bans on international travel have prevented the promotional roadshow originally planned by the Liberian Petroleum Regulatory Authority (LPRA), National Oil Company of Liberia (Nocal) and technical partner TGS. Nonetheless,
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