Friday, September 3, 2010

Liberia's National Legislature Ratifies Chevron Deal; 4th Quarter Targeted

Written by Nat Nyuan Bayjay Source: FrontPage Africa
  Monrovia -

Following last week’s announcement by the Government of Liberia that it has entered into an agreement with the Chevron Corporation to explore three deepwater concessions in Liberian waters, the National Legislature has finally ratified the deal that will see the crude oil and natural gas American giant company conducting oil exploration in the country.
The ratification of the agreement, earlier approved by the Executive Mansion and submitted to the Legislature for consideration and ratification, now means that a three-year exploratory program will be conducted by Chevron with the fourth quarter of this year being the targeted period.
The scarcity of energy in the post-war nation is said to be impeding economic growth in the midst of the limited or no major public electricity, making the ratification of the deal significant to the war-torn nation’s recovery process.

President Ellen Johnson Sirleaf, during the signing ceremony had said: “We are delighted to welcome Chevron as a partner for Liberia to explore our oil and gas assets. Along with its investment, Chevron will bring the latest technologies, best practices in transparency and efficiencies, and an excellent record of community and social responsibility.”
Chevron is one of the world's largest integrated energy companies. Headquartered in San Ramon, California, the company is engaged in every aspect of the crude oil and natural gas industry, including exploration and production, manufacturing, marketing and transportation, chemicals manufacturing and sales, geothermal energy, and power generation. Its recent investment includes renewable energies and advanced technologies.
Its entry into Liberia is believed to be one that consolidates a growing trend of major international investment projects in the country’s strategic sectors, adding to the list of Liberia’s other business partners, including ArcelorMittal, Firestone, BHP Billiton, Sime Darby, Anadarko Petroleum, China Union, and, most recently, a US$1.6 billion agreement with Golden Veroleum that was also ratified two days ago by the National Legislature.
Observers are of the view that the sealing of the Chevron deal will provide real economic opportunities for desperately-unemployed Liberian populace.
Chevron which traces its earliest roots to an 1879 oil discovery at Pico Canyon, north of Los Angeles, California, later became Standard Oil Company of California. It subsequently took on the name "Chevron” when it acquired Gulf Oil Corporation in 1984, nearly doubling its worldwide proved oil and gas reserves. Merger with Gulf at the time was the largest in U.S. history.

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Inside Liberia with Bernard Gbayee Goah

Everyone is a genius

Everyone is a genius. But if you judge a fish on its ability to climb a tree, it will live its whole life believing that it is stupid. – A Einstein

Drawing the line in Liberia

Crimes sponsored, committed, or masterminded by handful of individuals cannot be blamed upon an entire nationality. In this case, Liberians! The need for post-war justice is a step toward lasting peace, stability and prosperity for Liberia. Liberia needs a war crimes tribunal or some credible legal forum that is capable of dealing with atrocities perpetrated against defenseless men, women and children during the country's brutal war. Without justice, peace shall remain elusive and investment in Liberia will not produce the intended results. - Bernard Gbayee Goah

Men with unhealthy characters should not champion any noble cause

They pretend to advocate the cause of the people when their deeds in the dark mirror nothing else but EVIL!!
When evil and corrupt men try to champion a cause that is so noble … such cause, how noble it may be, becomes meaningless in the eyes of the people - Bernard Gbayee Goah.

If Liberia must move forward ...

If Liberia must move forward in order to claim its place as a civilized nation amongst world community of nations, come 2017 elections, Liberians must critically review the events of the past with honesty and objectivity. They must make a new commitment to seek lasting solutions. The track records of those who are presenting themselves as candidates for the position of "President of the Republic of Liberia" must be well examined. Liberians must be fair to themselves because results from the 2011 elections will determine the future of Liberia’s unborn generations to come - Bernard Gbayee Goah

Liberia's greatest problem!

While it is true that an individual may be held responsible for corruption and mismanagement of funds in government, the lack of proper system to work with may as well impede the process of ethical, managerial, and financial accountability - Bernard Gbayee Goah

What do I think should be done?

The situation in Liberia is Compound Complex and cannot be fixed unless the entire system of government is reinvented.
Liberia needs a workable but uncompromising system that will make the country an asylum free from abuse, and other forms of corruption.
Any attempt to institute the system mentioned above in the absence of rule of law is meaningless, and more detrimental to Liberia as a whole - Bernard Gbayee Goah

Liberia's Natural Resources
Besides land water and few other resources, most of Liberia’s dependable natural resources are not infinite, they are finite and therefore can be depleted.
Liberia’s gold, diamond, and other natural resources will not always be an available source of revenue generation for its people and its government. The need to invent a system in government that focuses on an alternative income generation method cannot be over emphasized at this point - Bernard Gbayee Goah

Liberia needs a proper system
If Liberians refuse to erect a proper system in place that promotes the minimization of corruption and mismanagement of public funds by government institutions, and individuals, there will come a time when the value of the entire country will be seen as a large valueless land suited on the west coast of Africa with some polluted bodies of waters and nothing else. To have no system in place in any country is to have no respect for rule of law. To have no respect for rule of law is to believe in lawlessness. And where there is lawlessness, there is always corruption - Bernard Gbayee Goah

Solving problems in the absence of war talks

As political instability continues to increase in Africa, it has become abundantly clear that military intervention as a primary remedy to peace is not a durable solution. Such intervention only increases insecurity and massive economic hardship. An existing example which could be a valuable lesson for Liberia is Great Britain, and the US war on terror for the purpose of global security. The use of arms whether in peace keeping, occupation, or invasion as a primary means of solving problem has yield only little results. Military intervention by any country as the only solution to problem solving will result into massive military spending, economic hardship, more fear, and animosity as well as increase insecurity. The alternative is learning how to solve problems in the absence of war talks. The objective of such alternative must be to provide real sustainable human security which cannot be achieved through military arm intervention, or aggression. In order to achieve results that will make the peaceful coexistence of all mankind possible, there must be a common ground for the stories of all sides to be heard. I believe there are always three sides to every story: Their side of the story, Our side of the story, and The truthBernard Gbayee Goah


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