
Boakai Promises Development Of Resources
President Joseph N. Boakai has welcomed the signing of four Production Sharing Contracts (PSCs) between the Liberia Petroleum Regulatory Authority (LPRA) and Atlas/Oranto Petroleum, granting exploratory rights over offshore blocks LB-15, LB-16, LB-22, and LB-24. According to an Executive Mansion release, the contracts, which include a signature bonus of US$12 million and an estimated investment…