Oil & Gas 2026 · Annual
Oil & Gas — August 2026
Monthly performance report for the Oil & Gas sector covering August 2026. 30 indicators tracked; 3 trending up, 1 declining, 26 stable compared with the prior period. Largest gain: Oil Block Concession Revenue (+150.0%). Largest decline: Oil Consumption (-39.3%).
Monthly Sector Report — Oil & Gas
Reporting month: August 2026 Generated: 2026-08-11
Summary
Monthly performance report for the Oil & Gas sector covering August 2026. 30 indicators tracked; 3 trending up, 1 declining, 26 stable compared with the prior period. Largest gain: Oil Block Concession Revenue (+150.0%). Largest decline: Oil Consumption (-39.3%).
Top 3 Critical Economic Shifts This Month
- Oil Block Concession Revenue: +150.0% (up)
- Oil Sector FDI: +73.3% (up)
- Active Exploration Blocks: +66.7% (up)
Indicator Performance (latest vs previous period)
- Crude Oil Production: latest 0 barrels (2026) · previous 0 (2024) · change — · trend stable
- Commercial Oil & Gas Production: latest 0 barrels (2026) · previous — · change — · trend stable
- Active Offshore Exploration Contracts: latest 4 contracts (2025) · previous — · change — · trend stable
- Exploration Area Licensed: latest 12,700 square kilometers (2025) · previous — · change — · trend stable
- Petroleum Import Price: latest 66.72 USD per barrel (2025) · previous — · change — · trend stable
- Offshore Exploration Blocks Awarded: latest 4 blocks (2025) · previous — · change — · trend stable
- Active Exploration Blocks: latest 5 Blocks (2025) · previous 3 (2024) · change +66.7% · trend up
- Active Offshore Petroleum Contracts: latest 8 contracts (2025) · previous — · change — · trend stable
- Petroleum Levy Surcharge: latest 0.2 USD per gallon (2025) · previous — · change — · trend stable
- Petroleum Consumption (PMS & AGO): latest 15.33 million gallons (2025) · previous — · change — · trend stable
- Oil Block Concession Revenue: latest 20 USD Millions (2025) · previous 8 (2024) · change +150.0% · trend up
- Oil Sector FDI: latest 78 USD Millions (2025) · previous 45 (2024) · change +73.3% · trend up
- National Petroleum Product Imports: latest 167,825,221 gallons (2024) · previous — · change — · trend stable
- Petroleum Product Imports: latest 167.83 million gallons (2024) · previous — · change — · trend stable
- Oil Consumption Growth Rate: latest 4.5 % (2024) · previous — · change — · trend stable
- Oil and Petroleum Products Consumption: latest 4,852.7 barrels per day (2024) · previous — · change — · trend stable
- Proved Oil Reserves: latest 0 billion barrels (2024) · previous — · change — · trend stable
- Oil Consumption: latest 4,852.7 barrels per day (2024) · previous 8,000 (2016) · change -39.3% · trend down
- Petroleum Gas Imports: latest 21.7 USD million (2024) · previous — · change — · trend stable
- Petroleum Gas Exports: latest 0.135 USD million (2024) · previous — · change — · trend stable
- National Petroleum Imports Volume: latest 167.83 million gallons (2024) · previous — · change — · trend stable
- Seismic Data Sale Revenue: latest 1 USD million (2023) · previous — · change — · trend stable
- LPRA License Fees Revenue: latest 0.55 USD million (2023) · previous — · change — · trend stable
- Light Oils Import Value: latest 317.3 USD million (2023) · previous — · change — · trend stable
- Medium Oils Import Value: latest 351.5 USD million (2023) · previous — · change — · trend stable
- Government Revenue from Oil & Gas: latest 0.55 USD million (2023) · previous — · change — · trend stable
- Extractive Sector Revenue: latest 182.35 USD million (2022) · previous — · change — · trend stable
- Government Revenues from Oil & Gas: latest 2.88 USD million (2019) · previous — · change — · trend stable
- Oil & Gas Government Revenues: latest 2.88 USD million (2019) · previous — · change — · trend stable
- Oil & Gas Sector Employment: latest 0 persons (2019) · previous — · change — · trend stable
monthlyauto-generatedaugustpending-approval
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Primary sources
- CBL
- — Central Bank of Liberia: Annual Report and Monthly Economic Review: monetary policy, exchange rates, banking soundness, balance of payments
- MFDP
- — Ministry of Finance and Development Planning: National Budget, budget execution reports, public debt and fiscal transfers
- LISGIS
- — Liberia Institute of Statistics and Geo-Information Services: 2022 Population and Housing Census, consumer price index, external trade and household surveys
- LRA
- — Liberia Revenue Authority: Annual Report: tax and non-tax collections, taxpayer register, filing and payment compliance
- IMF
- — International Monetary Fund: Article IV consultation reports, World Economic Outlook and fiscal/debt analysis
- World Bank
- — World Bank Group: World Development Indicators, Liberia Economic Update, debt and poverty statistics
- UNDP
- — United Nations Development Programme: Human Development Report and its index components
- WHO
- — World Health Organization: Global Health Observatory: mortality, immunization and health-system estimates
Each figure above is attributed to the publishing institution and its reporting period. Derived and AI-generated forecasts are labelled separately from published data.