PLANNING & PROJECTS REVIEW
The Liberia Petroleum Refining Company (LPRC) basic objectives as established by the 5-Year Strategic Plan is to restore pre-war capacity, meet statutory mandate, increase revenue and strengthen the position and image of the company.
One of the Strategic Focus Areas is the Technical / Operational Services of the Operations Division that is the lifeblood of the company. Its operations of 2014 are reported as follows:
PST Rehab & Expansion Project – Contractor: Motherwell Bridge Ltd.(MBL)
The following projects were completed by MBL:
Project Objective: Rehabilitating and expanding the Product Storage Terminal (PST)
Project Cost: 22.4 million
Payment Update: Dec.2013 – 11.0 million
Project Status: Project Terminated in November 2014
Reason for Termination: Notice of Force Majeure consistent with sub-clause 19.2 of the contract concerning the EVD surge in March 2014.
Modernization and Rehabilitation of Ganta Oil Terminal (GOT) – Contractor: Petro Trade/Sultan Steel
Project Objective: Maximize economic recovery & fuel security in leeward counties.
Project Cost: US$ 3,418,106.00
Project Field Monitoring & Observations (December 2013, Environmental studies in progress;
Project Commencement Date: expected to be completed in 2015;
Rehabilitation and Expansion of the Crude Storage Terminal (CST), - Contractor: LUTECH CONEX
Project Objective: Facility will be used to supply Heavy Fuel Oil (HFO) to LEC and others.;
Project Cost: US$ 25,000,000
Project Field Monitoring & Observations
Project Completion Date: expected to be completed in 2015
Construction of a Parking Lot Pavement - Contractor:
Project Objective: Adhere to loading and environmental standards.
Project Cost: US$ 574,190.84
Project Field Monitoring & Observations (December 2013).- completed 1st Phase;
December 2014 - 2nd / 3rd Phase Completed
Project Objective: New PMS line installation from Jetty to Tank Farm.
Project Cost: US$ 29,500
Project Field Monitoring & Observations (December 2013).- completed 90%;
December 2014 – Completed 100%
Truck Entrance Sliding Gate
Project Objective: Enhance smooth entry and exit of trucks accessing the PST.
Project Cost: US$ 9, 508.00
Project Field Monitoring & Observations (December 2014).- Project completed ;