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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 read more

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first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREStriving toward a more perfect me: Doug McIntyre Tarzana The Kiwanis Club of Tarzana will hold a Disco Casino Night, 7 p.m. Saturday at the Disabled American Veterans Hall, 6543 Corbin Ave., Woodland Hills. Guests can dance to the music of the Soul Dogs, performing live. Cost is $40 in advance, $45 at the door, and includes dinner, dancing and casino games. Proceeds benefit the club and its community service projects. For tickets or information, call club President Anthony Rinaldi at 818-999-9003. Burbank The Muses will perform Celtic music, 7 p.m. Tuesday at the Burbank Central Library, 110 N. Glenoaks Blvd. and 7 p.m. Thursday at the Buena Vista Branch Library, 300 N. Buena Vista St. Admission is free. For more information, call 818-238-5610 or see www.burbanklibrary.com. Simi Valley Veterans and active-duty military will be admitted free today to the Ronald Reagan Presidential Library, 40 Presidential Drive. A ceremony honoring vets will be held at 11 a.m. Call 800-410-8354. Thousand Oaks Combat veterans from the “Greatest Generation” will talk about their World War II experiences, 4-6 p.m. today in the Lundring Events Center at California Lutheran University, 60 W. Olsen Road. Call Richard Derderian, 805-493-3318. Newhall The deadline is Thursday for submitting wallet-sized photos of military personnel that will be laminated and hung on the Christmas tree at Veterans Historical Plaza, 24275 Walnut St., Newhall. A tree-lighting ceremony will be held at 7 p.m. Nov. 30. Mail photos of your active-duty or retired service member – along with his or her name, branch of service, theater and service dates, if known – to: Prayer Angels for the Military, 21609 Oak Orchard Road, Newhall 91321; or Blue Star Mothers of the Canyons, Chapter 82, P.O. Box 220685, Newhall 91321. Digital photos and information can also be e-mailed to prayerangelsforthemilitary@yahoo.com. For more information, call 661-799-8865 or 661-253-0811. Canoga Park Richard Tibbets, history instructor at Canoga Park High School, will talk about the community’s history when the Canoga-Owensmouth Historical Society meets at 7:30 p.m. Wednesday. The society meets at 7248 Owensmouth Ave., Canoga Park. For more information, call 818-346-5252. Sylmar Computer novices who speak Spanish can learn the basics – how to use a mouse, get a free e-mail account, type a resum and use the Internet – at the Sylmar Branch Library, 14561 Polk St. To schedule a free appointment, call Dana at 818-367-6102. Woodland Hills The Friends of the Platt Library will host the second in a series of L.A. Opera Talks, “La Boheme,” at 7 p.m. Nov. 20. No reservations are required for the free event, which will be held at the library, 23600 Victory Blvd. The series is co-sponsored by the Los Angeles Opera. For information, call 818-340-9386 or see www.plattlibrary.org/events.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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first_img “What we’re trying to do is warn people,” said Walsh, who also called for railroad-style safety controls. Sen. Richard Alarcon, D-Van Nuys, who had called for the line to be shut down after previous crashes, said he is not pursuing closure but wants a safety audit to “ensure it is as safe as possible.” County Supervisor Zev Yaroslavsky, an MTA board member, and Councilwoman Wendy Greuel dismissed calls to shut the line down, saying new signs and other measures are being taken to ensure that the line is safe. Staff writer Josh Kleinbaum contributed to this story. Lisa Mascaro, (818) 713-3761 lisa.mascaro@dailynews.com 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! An Orange Line bus and a pickup truck collided early Thursday morning, sending three bus riders to the hospital in what officials called a minor crash – but critics cited as another example of the busway’s safety problems. Police said one of the drivers ran a red light, and they are investigating. The MTA’s bus driver said the pickup truck driver ran the signal on southbound Kester Avenue at the busway. The crash was the fourth since the line opened last month. All the other incidents involved motorists running red lights or failing to stop at the new signals around the busway. “All of these accidents have been minor. All of them appear to be the result of drivers running red lights,” said Metropolitan Transportation Authority spokesman Dave Sotero. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals The 6:30 a.m. crash Thursday forced buses to detour off the Orange Line, causing delays of up to 15 minutes until normal operations resumed after 8 a.m. Three riders and the bus driver were treated for minor injuries. Orange Line riders on other buses later Thursday said they were not concerned. “Most of the accidents are because people don’t understand the rules of the road,” said Karen Martinez, who was taking the Orange Line to Pierce College. “I don’t think the bus is what you have to worry about. It’s other drivers.” But longtime MTA watchdog John Walsh and his United Riders of Los Angeles called for a 72-hour shutdown of the bus line to conduct a safety audit. last_img read more

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