National Oil Company of Liberia
NOCAL is advancing strategic downstream infrastructure to strengthen Liberia’s petroleum supply chain, enhance energy security, and create long-term economic value.
The Company is actively seeking strategic partners and funding for the development of a 265,000-metric-ton petroleum storage facility in Buchanan.
This facility is envisioned as an integrated downstream service hub, designed to improve national storage capacity, ensure product availability, and support efficient distribution.
The Buchanan hub will also co-locate key government agencies and private sector operators, fostering operational efficiency, regulatory coordination, and private sector participation within a single, purpose-built ecosystem.
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NOCAL is a state-owned institution that manages Liberia’s petroleum resources, including exploration and development to ensure responsible national growth.
No. Liberia is not currently producing oil. Exploration is ongoing, and production will begin only if commercially viable reserves are found.
The National Oil Company of Liberia (NOCAL) manages Liberia’s petroleum resources.
Its work includes:
NOCAL adheres to petroleum laws, open contracting processes, and collaborates with the Extractive Industries Transparency Initiative (EITI) to ensure accountability.