Monrovia, February 10, 2026: The Nationwide Oil Firm of Liberia (NOCAL) has signed a landmark Authorities-to-Authorities Memorandum of Understanding (MoU) with Ghana’s BOST (Bulk Oil and Storage Terminal) Energies Restricted.
The settlement symbolizes a major step towards a sturdy company partnership between Liberia and Ghana, aimed toward fostering new alternatives and strengthening collaboration between the 2 West African nations.
The partnership permits NOCAL to leverage BOST Energies Restricted’s intensive expertise in gasoline storage, provide administration, and distribution methods.
The scope of the collaboration consists of creating strategic gasoline reserves, logistics planning, implementing high quality and security requirements, and offering technical help. BOST Energies Restricted, a rebranded and expanded entity previously often known as BOST, is Ghana’s state-owned firm liable for managing the nation’s strategic gasoline reserves and working a nationwide community of depots, pipelines, and storage amenities.
BOST Energies has aligned its operations with Ghana’s broader energy-transition aims, enjoying a important function in nationwide gasoline safety and supporting environment friendly downstream petroleum operations.
The corporate is acknowledged for its excellence in gasoline logistics, high quality management, and reserve administration, which can significantly profit NOCAL because it seeks to modernize its personal operations.
As a part of the strategic partnership, BOST Energies Restricted will present NOCAL with coaching and technical help to organize employees for downstream petroleum operations.
The corporate can even information NOCAL by means of the authorizing and compliance processes required for petroleum importation and provide essential inputs to assist construct a dependable and environment friendly nationwide oil and fuel sector in Liberia.
The signing of this MoU not solely strengthens the connection between NOCAL and BOST Energies Restricted but additionally paves the best way for future business agreements and deeper government-to-government cooperation.
This partnership is a part of NOCAL’s broader technique to reinforce worldwide collaborations, following the latest institution of stronger technical and governmental ties with nations equivalent to Ghana, Morocco, and Nigeria.
These collaborative efforts are designed to spice up Liberia’s credibility within the world petroleum business, align its governance with worldwide requirements, encourage regional data sharing, and create new alternatives for joint coaching and capability constructing.
The partnership signifies a dedication to sustainable vitality improvement and regional integration, promising vital advantages for each Liberia and Ghana.
