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Pres. Boakai grants full ownership of strategic oil blocks to NOCAL

Monrovia, Liberia – June 9, 2025 – In a landmark decision to strengthen Liberia’s energy independence and economic prosperity, President Joseph Nyuma Boakai, Sr., has allocated four offshore oil blocks to the National Oil Company of Liberia (NOCAL) with full 100% ownership. The Executive Allocation of blocks LB-10, LB-11, LB-29, and LB-31 represents a transformative step … The post Pres. Boakai grants full ownership of strategic oil blocks to NOCAL appeared first on Liberia news The New Dawn Liberia, premier resource for latest news.


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