Understanding The AGENCY
We are focused on opening up the market space, restoring fairness in the industry for all players. Sierra Leone is actively welcoming investments in the downstream sector, and we strive to create an environment that fosters efficiency and transparency.
We are unwavering in our dedication to ensuring compliance with petroleum laws and tax commitments. By fostering adherence to regulatory frameworks, we aim to create a robust and stable environment that benefits both industry stakeholders and the nation at large.
In collaboration with the government's initiatives, we encourage investors to explore the vast potential of Sierra Leone's petroleum industry. Our efforts include initiatives to revitalize the oil refinery, construct tank farms across regions, and enhance bulk transportation and retailing. These endeavors aim to fortify petroleum product security and affordability.
To Regulate, Monitor and oversee Petroleum and Petroleum Products in the downstream industry in Sierra Leone, for growth, efficiency and stake holder satisfaction.
Efficiently Connecting Global Energy supplies, and to be a catalyst for economic transformation and growth in Sierra Leone.
Our core values are not just words on paper; they are the guiding force that shapes our actions, decisions, and interactions within the dynamic landscape of Sierra Leone's downstream petroleum industry.
We hold ourselves accountable as professionals at all times, we take pride in producing high-quality results and delivering exceptional services to the government and stakeholders.
We conduct ourselves with the highest impeccable standards, we make honesty and transparency the foundation of our actions.
We obey, respect and implement all lawful rules and regulations.
We rely on each other for team success.
The PRA Act 2014 grants the Sierra Leone Petroleum Regulatory Agency the authority to license and regulate the entire downstream petroleum supply chain. This includes importation, storage, transportation, and distribution, with a focus on ensuring regular availability to consumers at reasonable prices.
The regulatory authority extends to overseeing the efficiency of the importation, storage, transportation, and distribution of petroleum, emphasizing the importance of maintaining a well-functioning and accessible petroleum supply system.
The Act underscores the goal of ensuring the regular availability of petroleum to consumers at reasonable prices. This highlights a commitment to consumer welfare and affordability within the petroleum market.
The Agency is granted legal identity and rights by being able to sue and be sued in its corporate name. This legal personality enables the agency to engage in legal proceedings and transactions, reinforcing its position as a distinct entity with specific rights and responsibilities.
The PRA Act confers perpetual succession to the Sierra Leone Petroleum Regulatory Agency. This means that the agency has continuous and unbroken existence, allowing it to operate seamlessly over time.
The Agency is endowed with the capacity to acquire, hold, and dispose of any type of property, whether movable or immovable. This provision grants the agency the flexibility to manage and utilize various forms of assets in the pursuit of its regulatory objectives.
Our Exceptional Team: Driving Excellence in Petroleum Regulation
Our success is built on the foundation of a dedicated and accomplished team.
Each member brings unique skills and a shared commitment to professionalism, compliance, and transparency.
Meet the individuals who lead, regulate, and support the thriving downstream petroleum industry in Sierra Leone.
Executive Chairman
Deputy Executive Chairman
Director of Finance & Investment
Director of Licensing & Inspections
Deputy Director of Finance & Investment
Director of Operations & Pricing
Head of Logistics & Procurement
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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