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Liberia: Buchanan Set for Oil & Gas Shorebase

World 1 source 1 country 🔦 Under-reported 46m ago

The National Oil Company of Liberia (NOCAL) and the Nigeria-based Lagos Deep Offshore Logistics Base (LADOL) have signed a Joint Development Agreement in London. The agreement is designed to advance plans for the establishment of a new oil and gas logistics and shorebase facility.

The project is slated for development in Buchanan, located within Grand Bassa County, Liberia. This initiative represents a collaborative effort between the Liberian national oil company and a specialized Nigerian offshore logistics provider to build out the country's petroleum sector infrastructure.

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