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05-Aug-2013

Press Release - NOCAL Releases New Budget

NOCAL Releases 2013/2014 Budget
Monrovia, August 5, 2013 (NOCAL): The National Oil Company of Liberia (NOCAL) in compliance with its core value of transparency has released its annual budget (as shown below) for the fiscal year 2013/2014.
The budget, which is a balanced one, projects inflows from Social Welfare contributions, Hydrocarbon Development Fund, Assets Transfer, Data Agreement, annual Training and Bid Round Application Fees.
A significant portion of projected outflows is directed at Manpower Training and Capacity Building, as well as Capital Expenditure and Development.

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