Liberia brings a 29-block offshore round, by direct negotiation
Published in Brief No. 1 ·
The Liberia Petroleum Regulatory Authority (LPRA) will showcase its 2026 offshore round at African Energy Week in Cape Town (October 12–16). The grid covers 29 blocks in the Liberia and Harper basins, 14 of them open. Awards will be made by direct negotiation rather than competitive bidding, and production sharing contracts require signatures from both the LPRA and the Ministry of Finance. Prequalification, opened August 28, stays valid for five years.
Direct negotiation lets a company shape its work program and fiscal terms, but it raises transparency and anti-corruption exposure. Keep a clean negotiation record and documented approvals, and budget time for the two-agency signature.
Sources: AJOT / Energy Capital & Power ↗ · Zawya ↗
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