We are here to support the president’s new direction agenda which demands that we place high value on professionalism, compliance and transparency to make our downstream industry a compelling place to invest.
My leadership will have a relentless focus on three things. Firstly, we are opening up the market space, and restoring fairness in the industry for all players, which will increase sector efficiency and transparency. Sierra Leone is open for investment and we want to attract investors in our downstream sector.
Secondly, the Government is focusing on initiatives to develop our petroleum industry infrastructure, we are encouraging investors to come to Sierra Leone and look at the possibility of resuscitating our Oil refinery, construction of tank farms across the regions, bulk transportation and retailing this is to enhance petroleum product security and affordability.
The National Petroleum Regulatory Authority is a member of the World Petroleum Council (WPC) and The Africa Refinery Association (ARA).
Finally, we want to ensure compliance with our petroleum laws and tax commitments.
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News & Updates
Stay connected with us to explore the dynamic landscape of Sierra Leone's downstream petroleum industry. Whether it's new compliance initiatives, investment opportunities, or industry recognition, this section serves as your gateway to the most recent and relevant information. We invite you to read more and discover how we're shaping the future of the petroleum sector in Sierra Leone.
Here, you'll find timely announcements, insightful articles, and noteworthy updates that highlight our commitment to transparency, compliance, and industry excellence.
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News & Updates
Brima Baluwa Koroma, Director General of Sierra Leone’s National Petroleum Regulatory Authority (NPRA), has earned international recognition with his appointment as Vice Chair of the World Petroleum Council (WPC), overseeing the critical areas of pipelines, storage, and Strategic Petroleum Reserves (SPRs). In this role, Mr. Koroma will also contribute to the technical programme of the 25th WPC Energy Congress, themed “Pathways to an Energy Future for All.” His appointment highlights Sierra Leone’s growing influence in the global energy sector and underscores Mr. Koroma’s leadership in advancing resilient, secure, and innovative petroleum systems.
The International Monetary Fund (IMF), led by Mr. Nicola Pierre, has commenced a strategic engagement with the National Petroleum Regulatory Authority (NPRA) to assess and discuss key developments within Sierra Leone’s petroleum sector. Held at NPRA’s headquarters, the discussions focus on the performance of petroleum products during the last quarter of 2024 and the first quarter of 2025, with particular attention to pricing mechanisms and policy frameworks. NPRA’s Director General, Brima Baluwa Koroma, presented a comprehensive overview of the Authority’s recent achievements and strategic plans for 2025 and beyond.
In a strategic move aimed at curbing revenue leakages and strengthening national revenue growth, the National Petroleum Regulatory Authority (NPRA) has entered into a Memorandum of Understanding (MoU) with the National Revenue Authority (NRA) and the Maritime Administration. Signed at the NRA Headquarters in Freetown, this tripartite agreement formalizes inter-agency collaboration to streamline and boost daily revenue mobilization efforts. The signing ceremony underscored the shared commitment of the three institutions to harmonize their operations in support of the government’s broader fiscal objectives.