Following the recent launch of the rehabilitation and modernization of its existing facility, which has outlived its usefulness due to prolonged civil war and the obsolete technology, the Liberia Petroleum and Refining Corporation or LPRC has commissioned two newly constructed fuel storage tanks at the company’s facility in Monrovia as part of the ongoing Product Storage Terminal or PST Rehabilitation Project.
The disclosure was made on March 17, 2015 when the members of Board of Directors were taken on a guided tour of the terminal.
A release quoted LPRC Managing Director T. Nelson Williams as saying that the management was delighted about the progress being made to include the commissioning of the two new tanks which, he believed, will increase the company’s capacity to maintain adequate supplies of petroleum products within the country.
“These new tanks increased LPRC’s storage capacity from 12.3 to 18.5 million gallons of mixed petroleum products, which will result in increased revenues and dividend to the Government of Liberia,” the release quoted Mr. Williams.
He used the occasion to expressed gratitude to President Ellen Johnson Sirleaf and the Board of Directors for the support given to the LPRC Management since its inception.
“We now have a modern product testing laboratory, Close Circuit TV Security System, a Biometric System, a fire water tank and four (4) petroleum tanks as part of the PST Expansion Project,” the LPRC Managing Director noted.
He expressed the hope that the LPRC tank facility, which consists of 15 modern storage tanks, will be completed in September 2016. He estimated the cost of construction at over US$348.00.
Speaking earlier, according to the release, the tour guide and Operations Manager of the company, Bobby Brown, informed the Board that the piping and fabrication works on the new tanks were perfectly executed by a Liberian construction company- Green Coast Construction, far ahead of the scheduled time of 45 days. He lauded the Green Coast Managing Director, Henry Getto, for the commitment demonstrated during the project.
“Green Coast was vetted first among two other foreign firms- and their work has proven that Liberians can be far better if given the chance”. Mr. Brown said.