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==== Energy ==== {{Further|Energy in Liberia}} Public electricity services are provided solely by the state-owned Liberia Electricity Corporation, which operates a small grid almost exclusively in the [[Greater Monrovia District]].<ref name="Options">{{cite web|url=http://siteresources.worldbank.org/EXTAFRREGTOPENERGY/Resources/717305-1266613906108/Liberia_Energy_ESW_11-4-11web.pdf|title=Options for the Development of Liberia's Energy Sector|work=International Bank for Reconstruction and Development|publisher=World Bank Group|date=2011|access-date=June 9, 2014|archive-date=January 8, 2023|archive-url=https://web.archive.org/web/20230108191259/http://siteresources.worldbank.org/EXTAFRREGTOPENERGY/Resources/717305-1266613906108/Liberia_Energy_ESW_11-4-11web.pdf|url-status=live}}</ref> The vast majority of electric energy services is provided by small, privately owned [[Engine-generator|generators]]. At $0.54 per kWh, the cost of electricity in Liberia is among the highest in the world. Total capacity in 2013 was 20 MW, a sharp decline from a peak of 191 MW in 1989 before the wars.<ref name="Options"/> The repair and expansion of the [[Mount Coffee Hydropower Project]], with a maximum capacity of 80 MW, was completed in 2018.<ref>{{cite news | first = Clair | last = MacDougall | title=Liberia: Stepping Back Into The Light? | newspaper=ThinkPressAfrica|date=July 18, 2012}}</ref> Construction of three new [[heavy fuel oil]] power plants is expected to boost electrical capacity by 38 MW.<ref>{{cite news|url=http://allafrica.com/stories/201311280681.html|title=Liberia: Massive Electrification Boost|newspaper=allAfrica.com|date=November 27, 2013|access-date=June 9, 2014|archive-date=January 8, 2023|archive-url=https://web.archive.org/web/20230108192806/https://allafrica.com/stories/201311280681.html|url-status=live}}</ref> In 2013, Liberia began importing power from neighboring Ivory Coast and Guinea through the [[West African Power Pool]].<ref>{{cite news |first=Joe |last=Teh |url=http://cmiliberia.org/blog/2013/07/30/behind-the-power-switch-in-nimba-an-optimism-for-vibtant-economy/ |archive-url=https://archive.today/20140609061323/http://cmiliberia.org/blog/2013/07/30/behind-the-power-switch-in-nimba-an-optimism-for-vibtant-economy/ |url-status=dead |archive-date=June 9, 2014 |title=Behind The Power Switch in Nimba, An optimism for Vibrant Economy |newspaper=The News Pinnacle |date=July 30, 2013 }}</ref> Liberia has begun exploration for offshore oil; unproven oil reserves may be in excess of one billion barrels.<ref>{{cite news |url=https://af.reuters.com/article/southAfricaNews/idAFWEA839820091103 |archive-url=https://web.archive.org/web/20120120101525/http://af.reuters.com/article/southAfricaNews/idAFWEA839820091103 |url-status=dead |archive-date=January 20, 2012 |title=Liberia may have over 1 bln barrels in oil resources |newspaper=Reuters Africa|date=November 3, 2009}}</ref> The government divided its offshore waters into 17 blocks and began auctioning off exploration licenses for the blocks in 2004, with further auctions in 2007 and 2009.<ref>{{cite web|url=http://www.businesswire.com/news/home/20040202005192/en/NOCAL-2004-Liberia-Offshore-Bid-Announcement|title=NOCAL 2004 Liberia Offshore Bid Round Announcement|work=Business Wire|date=February 2, 2004|access-date=June 21, 2011|archive-date=April 20, 2021|archive-url=https://web.archive.org/web/20210420231133/https://www.businesswire.com/news/home/20040202005192/en/NOCAL-2004-Liberia-Offshore-Bid-Announcement|url-status=live}}</ref><ref name=bidding>{{cite web|first=Natalie Obiko|last=Pearson|url=http://www.rigzone.com/news/article.asp?a_id=53828|title=Liberia Opens Bidding for 10 Offshore Oil Blocks|work=RigZone|date=December 10, 2007|access-date=June 21, 2011|archive-date=March 30, 2016|archive-url=https://web.archive.org/web/20160330155653/http://www.rigzone.com/news/article.asp?a_id=53828|url-status=live}}</ref><ref name=":10">{{cite web|url=https://www.psg.deloitte.com/NewsLicensingRounds_LR_0909.asp|title=Third Liberian Offshore Petroleum Licensing Round 2009|work=Deloitte Petroleum Services|publisher=Deloitte|date=August 27, 2009|url-status=dead|archive-url=https://web.archive.org/web/20131104072748/https://www.psg.deloitte.com/NewsLicensingRounds_LR_0909.asp|archive-date=November 4, 2013}}</ref> An additional 13 ultra-deep offshore blocks were demarcated in 2011 and planned for auction.<ref name=":11">{{cite web |first=Alphonso |last=Toweh |url=https://af.reuters.com/article/topNews/idAFJOE76K01J20110721?sp=true |archive-url=https://web.archive.org/web/20120119002810/http://af.reuters.com/article/topNews/idAFJOE76K01J20110721?sp=true |url-status=dead |archive-date=January 19, 2012 |title=Liberia marks out new oil blocks, auction seen soon |work=Reuters |date=July 21, 2011 |access-date=August 22, 2011}}</ref> Among the companies to have won licenses are [[Repsol YPF]], [[Chevron Corporation]], and [[Woodside Petroleum]].<ref>{{cite web |first=Ansu |last=Konneh |url=https://www.bloomberg.com/news/2010-08-30/chevron-liberia-sign-deepwater-offshore-exploration-agreement.html |title=Chevron, Liberia Sign Deepwater Offshore Exploration Agreement |work=[[Bloomberg News]] |date=August 30, 2010 |access-date=March 8, 2017 |archive-date=September 9, 2013 |archive-url=https://web.archive.org/web/20130909022554/http://www.bloomberg.com/news/2010-08-30/chevron-liberia-sign-deepwater-offshore-exploration-agreement.html |url-status=live }}</ref>
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