Liberia emerging hydrocarbon industry given a boost
By Peterking Quaye, In Monrovia – The major industry event for the mining and energy and emerging oil industry of Liberia has started and Shout-Africa’s visit to the venue has revealed that there has been a huge increase in exhibitors and attendance by visitors. The event started on Tuesday 9th and ended on 11th April.
The event, which was inaugurated in 2011 by President Ellen Johnson Sirleaf, brought together about 40 exhibiting companies worldwide to market Liberia’s natural resources to the world and explore the potential for investment in the country. The Liberian Mining, Energy & Petroleum Conference & Exhibition (LIMEP 2013) will take place at the Monrovia City Hall in Monrovia, from the 9th to the 11th next month. In a statement issued yesterday, the Ministry disclosed that over 400 delegates including 59 speakers from 27 countries around the world are expected to converge on Monrovia.
Organized by the Ministry of Lands, Mines and Energy and AME Trade LTD, LIMEP’s second conference offers a follow up to a hugely successful first edition. LIMEP 2013 promises to be even bigger, featuring three days of conference sessions, a trade exhibition, round table discussions, seminars as well as touristic trips and mine site visits, organizers say.
This turnkey event, the organizers said, will focus on Liberia’s mining, energy and petroleum potential and the prospect for sustainable growth and development from the industry. According to the Mining Ministry, President Sirleaf will again deliver the keynote address at the start of the conference. The program will include a wide range of conference topics including; ‘Liberia’s Resource Potential’, ‘Liberia’s Mining, Energy & Petroleum Policies and their Regulatory Framework’ and ‘Liberia’s Investment Climate – Context, Key Factors and Opportunities.’
This year’s LIMEP edition, the statement indicated, would highlight the developments and cutting edge advances in Liberia’s Energy industry. Day 2 of LIMEP will feature a ‘Regenerating and harnessing Liberia’s Energy Resources’ session, during which the European Investment Bank’s Christophe Lucet (Head of Regional Office) will deliver a case study on the Mount Coffee Rehabilitation Plan.
A US$65 million concession loan from the European Investment Bank recently secured by the Liberian government will help finance the 64-MW Mount Coffee hydroelectric project.
