Less than two years after overhauling its licensing architecture, Liberia has attracted supermajors, ratified eight production sharing contracts (PSCs) and resolved a high-profile institutional dispute that threatened to undermine investor confidence. The country’s regulatory strategy is built around transparency, flexibility and legal certainty. Evidence suggests that Liberia’s state-owned LPRA has solved problems that stalled exploration for more than a decade. Recent reforms, commercial success and institutional developments are proving Liberia is marketing governance as a competitive advantage, with officials engaging investors and strategic partners.
Related Articles
Don't miss out on breaking stories and in-depth articles.