PRA SL
Ensuring Compliance, Transparency, and Investment
Regulating Sierra Leone's Downstream Petroleum Industry
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 Petroleum Regulatory Agency 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.
The Petroleum Regulatory Agency was established by an Act of Parliament ( PRA Act of 2014 ) to grant license and regulate the petroleum downstream activities in Sierra Leone; these includes importation, storage, transportation, retailing, refinery, jetty and bunkering.
The primary purpose for which the Agency has been established is to license and regulate the importation, refining, storage, transportation, and distribution of petroleum and petroleum products. This is to ensure a consistent and affordable supply of these products to consumers, as well as the effective administration and enforcement of laws related to downstream petroleum activities.
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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.
British Council Building, Tower Hill, Freetown Sierra Leone
Monday – Friday
8:00 AM – 5.00 PM
+23278321582
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