Liberia to Host SEMICA Petroleum, Mining, Energy Convention

Liberia to Host SEMICA Petroleum, Mining, Energy Convention

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first_imgGesler E. Murray, Minister of Mines and EnergyBy David A. Yates and Alvin WorziThe Government of Liberia (GoL) through the Ministry of Mines and Energy (MME) in collaboration with other institutions are expected to commence a three-day international exhibition conference on mining, gas and oil sector of the country.The conference, which is expected to take place from Thursday, November 28 thru 30, 2019, is aimed at bringing together several government officials, investors, international industry experts, as well as mining, energy, petroleum and related technology providers and financiers to discuss challenges, highlight investment opportunities, as well as celebrate the successes of the country’s energy sector.The conference will be held under the theme, “Exploring Opportunities and Investing in Africa’s Mining, Energy and Petroleum Industries.”Mines and Energy Minister Gesler E. Murray told journalists at a press conference in Monrovia on Thursday, November 14, that the country is blessed with an impressive variety of mineral resources and has traditionally relied on mining, chiefly iron ore, gold, and diamonds, as a major source of income.Minister Murray, who quoted a report released by the World Bank’s chief for Africa, said it was stated that the mining sector in Liberia grew by 7%, as compared to the non-mining sectors such as agriculture and manufacturing, which declined by 3.5%.He said the recent growth in the mining sector signals a potential to contribute significantly to employment, income generation, and infrastructure development.Notwithstanding the foregoing, Murray said that the development of these mineral resources has significant environmental impacts that often go unnoticed.“This is why the Ministry of Mines and Energy works in collaboration with the Environmental Protection Agency (EPA) and other environmental-related institutions to ensure that operating companies uphold high environmental standards and best practices,” he added.He said that the mining and export of iron ore have been the mainstream of the Liberian economy for more than half a century now. The mining and export of gold and diamonds, he added, have also contributed importantly to the country’s revenue stream, noting that some other known mineral deposits that require further assessment to determine their economic viability are manganese, bauxite, kyanite, barite, and phosphate.Minister Murray added, “Our energy sector also offers enormous opportunities relating mainly to hydro and solar potentials. This is why our vision focuses on the country becoming a hub for renewable energy with the capacity to export excess generation.”This vision, he said, is based on the fact that Liberia falls within a solar-rich region, lying between the Tropics of Cancer and Capricorn above the equator.“Overall, Liberia-based load projection of its entire energy mix is estimated at 4,000 MW. Our legal, fiscal, and regulatory framework already gives investors the clarity and transparency they need. And in the spirit of a win-win partnership, Liberia is committed to providing investors with the incentives and other benefits they need to grow successful businesses,” he added.Minister Murray said that energy access in Liberia represents a significant challenge, as the country has one of the lowest electrification rates in the world.According to research, in 2016, an estimated 88% of the population –over four million people– did not have access to electricity, with a significant disparity in rates of access between urban (16% access) and rural (3% access) areas. The Government has set a target of increasing electrification rates to 70% in Monrovia and 35% of rural areas by 2025, and universal electricity access nationwide by 2030.But Murray said that the country’s energy sector has huge demand for transmission and distribution of electricity to the growing population. This creates a market for any investor to meet these demands.To support and enhance private sector participation, the government passed the 2015 Electricity Law, which serves as a legal framework basis for unbending the sector, thus creating the Liberia Electricity Regulatory Commission, responsible for the issuance of a license to operators and investors in electricity.The government believes these challenges present clear investment opportunities for the private sector. One solution to stabilize the hydro dam at 88 megawatts throughout the year is to build a reservoir at the confluence of the Vai and St. Paul River, over which Mount Coffee sits.The reservoir and cascading dams along the St. Paul River can generate as much as 500 to 800 megawatts of power.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img

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Lariba to undergo bone marrow transplant

first_imgFilipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite “Her doctors are now preparing Yanyan for her bone marrow transplant. The procedure and other medical expenses is estimated from P1.6M to P3M,” it added.READ: Rio Olympian Ian Lariba diagnosed with leukemiaFEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Lariba had been diagnosed with Acute Myeloid Leukemia (AML), La Salle announced in May.The La Salle star was the first Filipino table tennis player to represent the country in the Summer Olympics. MOST READ LIVE: Sinulog 2020 Grand Parade Missile-capable frigate BRP Jose Rizal inches closer to entering PH Navy’s fleet Duterte’s ‘soft heart’ could save ABS-CBN, says election lawyer Marcosian mode: Duterte threatens to arrest water execs ‘one night’ Sports Related Videospowered by AdSparcRead Next PH Olympian Ian Lariba.Rio Olympian Ian Lariba is set to undergo a bone marrow transplant even as De La Salle continued to ask for support for the ailing athlete.“Yanyan Lariba’s recent laboratory results are encouraging and she is currently undergoing consolidation chemotherapy to sustain her improving health condition,” said DLSU Sports in a tweet.ADVERTISEMENT Malacañang open to creating Taal Commission Duterte’s ‘soft heart’ could save ABS-CBN, says election lawyer View comments IT happens: Facebook sorry for Xi Jinping’s name mistranslation End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Don’t miss out on the latest news and information. LATEST STORIES The 22-year-old paddler dominated the UAAP table tennis field in her five-year stint for the Green Paddlers where she became a three-time Most Valuable Player, Rookie of the Year in Season 74, and the UAAP Athlete of the Year in Seasons 77 and 78.READ: Athletes unite for ailing LaribaDLSU called on their community to extend financial assistance to Lariba and her family to “defray the cost of the expenses.”Donations can be sent through Mrs. Imelda N. Lariba by making deposits to the following savings accounts: BDO 870-007-459 and UCPB 104120046272. –Rogelio Jr Nato, INQUIRER.net internADVERTISEMENT 787 earthquakes recorded in 24 hours due to restive Taal Volcano Tatum, Celtics 3-0; Summer League set for tournament stagelast_img

Nambatac pleads for help from bench as Knights’ woes continue

first_imgMOST READ OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Nambatac also believes that the lack of support from the substitutes has been one of the factors why the Knights are failing to close out games down the stretch.“That’s really our problem. We always lack the finishing kick. And the lack of support is a factor because our opponents know that they have to tire us out,” he said. “For me, it’s a big thing if we can get two or three bench guys who can step up and help us, where we can get at least three to four minutes to rest.”Despite Letran’s struggles, Nambatac is keeping a positive attitude moving forward, trusting that the team and coach Jeff Napa will find a way to address this glaring issue in the games to come.“I’m positive that we’ll find a way to fix that problem. We’re down, but that shouldn’t be a reason why we should lose focus on our season. We’re struggling, but we use this as a motivation to find a way to get through this. The season is still long, so we know we have to work and double the effort for us to get back up,” he said.Letran springs back into action next Tuesday against Arellano.ADVERTISEMENT Rey Nambatac. Photo by Tristan Tamayo/ INQUIRER.netRey Nambatac has pleaded for help from Letran’s bench players after the Knights side lost three of their first four games in NCAA Season 93.The latest blow was an 81-74 81-74 defeat to fierce rival San Beda where only six players from Letran contributed in scoring.ADVERTISEMENT LATEST STORIES McGregor blasts Cerrone in 40 seconds in UFC return Sports Related Videospowered by AdSparcRead Next Kawhi Leonard, Clippers rally to beat Pelicans 787 earthquakes recorded in 24 hours due to restive Taal Volcano ‘I’m out!’: PewDiePie releases last video before taking break from YouTube Don’t miss out on the latest news and information. center_img Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite LeBron James scores 31 points, Lakers beat Rockets For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Indian national gunned down in Camarines Sur NBA: Chauncey Billups was aware of Irving’s trade request while in interview with Cavs Marcosian mode: Duterte threatens to arrest water execs ‘one night’ End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend “The opponents know that our bench is shallow compared to the other teams, so it’s easy for them to scout us because they know who’s going to contribute,” the senior guard said in Filipino on Tuesday.Most of the Knights’ offensive load have come from Nambatac, Bong Quinto, Jerrick Balanza, and JP Calvo, with big men Jeo Ambohot and Lance Vacaro churning out a few good games.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’But that hasn’t been enough for Letran so far and Nambatac knows the team has to address that issue sooner than later.“Hopefully, we get three or four players from our bench to step up because it’s going to be difficult for us go-to guys to play without getting any rest. Come second round or the crucial games, maybe that’s when we can’t help our team because of fatigue, so we really need our bench,” he said. View commentslast_img

PH duo enter semis in squash women’s doubles

first_imgLATEST STORIES The two easily ousted the Thais despite Dalida’s health issues. Dalida played with a strained right hand.The semis matchup against the hometown bets is on Tuesday, 8 p.m.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’The men’s team, however, wasn’t so fortunate as Reymark Begornia and Robert Garcia were ousted by Ong Sai Hung and Mohd Farez Izwan of Malaysia, 11-2, 11-6. 2 nabbed in Bicol drug stings Vilma Santos, Luis Manzano warn public of fake account posing as her MOST READ Teen gunned down in Masbate 787 earthquakes recorded in 24 hours due to restive Taal Volcano Sports Related Videospowered by AdSparcRead Next View comments The Filipino duo of Jemyca Aribado and Yvone Alyssa Dalida entered the women’s doubles semifinals in squash after beating the Thai tandem of Suviva Kitvijarn and Tuddaw Thamronglarp, 11-4, in the 29th Southeast Asian Games Tuesday.Aribado and Dalida, who drew a bye in the round of 16, arranged a duel with Malaysia’s Chan Yiwen and Nazihah Haris in the semis.ADVERTISEMENTcenter_img 787 earthquakes recorded in 24 hours due to restive Taal Volcano Albay to send off disaster response team to Batangas National Historical team rescues Amorsolos, artifacts from Taal Marcosian mode: Duterte threatens to arrest water execs ‘one night’ OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Don’t miss out on the latest news and information. Trending Articles PLAY LIST 00:50Trending Articles02:11SEA GAMES 2019: PH’s Nesthy Petecio boxing featherweight final (HIGHLIGHTS)08:07Athletes treated to a spectacle as SEA Games 2019 officially ends06:27SEA Games 2019: No surprises as Gilas Pilipinas cruises to basketball gold05:02SEA Games 2019: Philippines clinches historic gold in women’s basketball05:21Drama in karate: Tsukii ‘very sad’ over coach’s bullying, cold shoulder03:24PH’s James Palicte boxing light welterweight final (HIGHLIGHTS) SEA Games: PH fencers add 1 gold, 2 silvers, 1 bronze to medal haullast_img

Del Potro stuns Federer at US Open

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