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Subscriber

The Mount Coffee hydroelectric power plant rehabilitation project is rushing to arrange compensation for around 500 people living along the two transmission lines that will take power from the plant to Monrovia. The issue needs to be resolved in time for the transmission lines to begin evacuating power when the first unit is connected to the grid, which is expected in December. Mount Coffee is expected to generate 88MW on completion, which is scheduled for August 2017.

Liberia
Issue 318 - 25 February 2016

Liberia: Tenders for T&D and mini-grid

Subscriber

Tenders have been issued for three projects following approval of donor financing for schemes to improve power supply in Monrovia and in Lofa County. The Ministry of Finance and Development Planning is seeking bids for the Monrovia Consolidation of Electricity Transmission and Distribution project, funded by the EuropeAid Cooperation Office. This is composed of three lots. Lot one is a three-year technical assistance programme for the Ministry of Lands, Mines and Energy’s Bureau of Electricity and Renewable Energy.

Liberia
Subscriber

The World Bank board on 11 January approved financing of $27m for a project to increase access to electricity and encourage the use of renewable power technologies. The financing comprises a $25m grant from the Strategic Climate Fund’s Scaling Up Renewable Energy Programme and a $2m loan from the International Development Agency. The project will see $22m spent on constructing a mini-grid in Lofa County, one of the areas worst hit by the Ebola crisis and which is located more than 200km from the national grid. This is intended to provide affordable, year-round electricity supply to around 50,000 people.

Liberia
Free

The US Millennium Challenge Corporation (MCC) has approved five-year compact agreements with Benin and Liberia, worth $375m and $257m respectively, and a $44.4m threshold agreement with Sierra Leone. The grant packages are intended to develop infrastructure in the three countries, with a focus on electricity in line with the MCC’s intention to invest $2bn in support of the Power Africa initiative. Liberia’s compact agreement was signed with the MCC on 2 October but required ratification by the country’s House of Representatives and Senate before it could be passed into law.

Benin | Sierra Leone | Liberia
Issue 309 - 09 October 2015

Liberia: ExxonMobil schedules well

Subscriber

ExxonMobil plans to spud the Mesurado-1 well on Block LB-13 in late 2016 or early 2017, according to the 2016 work programme sent to block partner Canadian Overseas Petroleum (COP). The well, to be drilled in the second exploration phase of the contract, aims to prove a commercial quantity of hydrocarbons in the Cretaceous Santonian age reservoirs, and to provide calibration for the seismic response, which can be used to evaluate other leads on the block.

Liberia
Subscriber

The Manitoba Hydro International-led project implementation unit at the Liberia Electricity Corporation has begun prequalification for an operation, maintenance and training contract for the 88MW Mount Coffee hydroelectric plant. Applications were invited in June 2014, but the Ebola crisis halted work at the site between August 2014, eight months into construction, and March this year. According to the revised schedule, commissioning of the first turbine is expected in December 2016.“It was decided to restart the prequalification process because the funding organisations wanted to attract a greater number of firms than was the case in the first round of the process,” project director William Hakin told African Energy.

Liberia
Subscriber

UK gold miner Hummingbird Resources has reported positive results from a preliminary version of a prefeasibility study carried out by Knight Piésold into the possibility of developing a hydroelectric power plant to supply its Dugbe gold mine project (AE 298/12). The study looked at four different configurations for the power plant, ranging between 15MW and 30MW, using intake from the Dugbe and Botou rivers and Geebo creek. Although the mine was originally expected to have a total demand of 30MW, this has been revised down to 16MW, allowing potential for supplying the grid should one of the larger power plants be selected.

Liberia
Issue 307 - 11 September 2015

Liberia: New Nocal head

Subscriber

President Ellen Johnson Sirleaf has ordered the retirement of National Oil Company of Liberia (Nocal) president and chief executive Randolph McClain and three senior managers amid a deepening financial crisis at the company. The board has named chief operating officer Althea Sherman as head of an interim transitional management team to implement a restructuring. Other members of the team are vice president of technical services Rufus Tarnue, and vice president of finance Karmo Ville.

Liberia
Subscriber

President Ellen Johnson Sirleaf’s government has appointed recruitment consultants to find new senior management to revive the national utility as it seeks to play a positive role in reinforcing the dilapidated transmission and distribution system and supporting increased domestic generation and import capacity.Lands, mines and energy minister Patrick Sendolo told African Energy the government saw Liberia Electricity Corporation (LEC)’s weaknesses as “a key constraint” to overhauling the power sector, but the utility was not in a fit state for privatisation. Even though, as a rule “government companies don’t work”, Monrovia had decided to keep LEC in public hands for now, he said in Hamburg on 5 May.

Liberia
Subscriber

UK-based miner Hummingbird Resources has signed a co-operation agreement with IFC InfraVentures and Aldwych International to develop a 20-30MW hydropower plant in south-east Liberia. The project aims to reduce operating costs for the company’s Dugbe 1 gold project as well as providing power for the surrounding region and, in particular, the town of Greenville, the Alternative Investment Market-listed company said in a stock exchange filing on 7 April.

Liberia
Issue 289 - 20 November 2014

Liberia: Bid round closes

Free

Bid round advisers EY opened licensing round bids from prequalified companies in London on 17 November. National Oil Company of Liberia (Nocal) said EY would now provide an independent evaluation of the fiscal terms contained in each bid. Winning bidders are expected to be notified by 24 November, and Nocal will then negotiate production-sharing contracts (PSCs) with the companies. The Liberia Basin bid round offered four undrilled offshore blocks – LB-6, LB-7, LB-16 and LB-17. The government had pledged not to award new oil concessions until it had passed a new oil law and Nocal Act, but argues that these are not new blocks.

Liberia
Free

Minerals and other commodities sales have driven economic growth and inward investment in the Mano River Union (MRU) countries, as post-conflict Guinea, Liberia and Sierra Leone (and newer MRU member Côte d’Ivoire) have enjoyed the dividends of stability. Improved politics have raised the prospects for ‘transformational’ electricity interconnections across a long-underdeveloped region, and for offshore oil finds as investors move into polities too long submerged in militia conflicts and warlord economics. Basic services remain far from adequate but, as a work in progress, the MRU countries have delivered a generally positive story of Africa re-emergent.

Sierra Leone | Nigeria | Guinea | Liberia | Senegal
Subscriber

Liberia Electricity Corporation (LEC) has invited pre-qualification applications by June 19 for operation and maintenance of the Mount Coffee hydropower plant. The run-of-river station on the St Paul River is scheduled to return to full operation by the end of 2016, following extensive rehabilitation of the plant’s infrastructure as well as uprating of its installed capacity to 80MW from its nameplate capacity of 64MW. LEC has appointed a joint venture of Norway’s Norplan and Germany’s Fichtner as owner’s engineer for the project.

Liberia
Subscriber

Efforts to improve co-ordination between Guinea, Liberia, Sierra Leone and Côte d’Ivoire are gaining momentum, with plans for the Mano River Union (MRU) to hold a senior-level meeting to promote electricity interconnection, probably in Abidjan in June, MRU secretary-general Saran Daraba Kaba told African Energy. There is growing support for development of interconnections between the four states as part of the West African Power Pool (WAPP), Guinean finance minister Mohamed Diaré told a 4 April Belgium-Luxembourg Chamber of Commerce meeting in Brussels.

Sierra Leone | Guinea | Liberia | Côte d'Ivoire
Subscriber

African Petroleum Corporation has applied for a listing on Oslo’s junior Axess market, following the appointment of new management in recent months. Controversial former chairman Frank Timis stepped down in October. “Due to historical events related to other listed companies where he has been involved, Mr Timis will not be employed by the company nor hold board positions nor play any governance role going forward,” the company said. Before founding African Petroleum, Timis was chief executive of Regal Petroleum, whose directors were fined £600,000 in 2009, after a Financial Services Authority investigation, for misleading investors on the viability of an oil well in the Aegean Sea in 2003. African Petroleum and its sister company International Petroleum listed on Australia’s National Stock Exchange in 2010 after the main Australian Stock Exchange declined to have Timis involved.

Liberia | Côte d'Ivoire