Stein Bock Liberia: Potential Stakeholder in Oil, Gas Sector

first_imgStein Bock Liberia, a company mining barite in Liberia, maybe a potential stakeholder in the oil and gas industry, while maintaining that it is developing resources to supply barite to a number of its clients in Africa.The company’s Africa Project Manager, William Voaden, said it has the full potential to produce the end product in Liberia for Chevron and others to take straight to the drilling rig. By doing so, it would be employing people.From what has been gathered by this paper, hundreds of dollars have been infused in the company’s investment package in setting up Stein Bock Liberia.“To date,” Voaden said, “the company is in full preparedness to hold talks with relevant authorities in the government, including President Ellen Johnson-Sirleaf, to follow up on her visit to Chevron rig to explain about the barite and Stein Bock expertise in the trade of barite on the international market.”“We know the barite business and we would like to contribute to supplying barite to the drilling rigs and if circumstances are favorable we could look to see whether we could put in a mill in the Buchanan area so that we could produce the end product for Chevron to take straight to the drilling rig and employ more people,” Voaden said.According to the online encyclopedia Wikipedia, some 77 percent worldwide is used as a weighting agent for drilling fluids in oil and gas exploration. Other uses are in added-value applications which include the car, electronics, TV screen, rubber and glass ceramics and paint industry, radiation shielding and medical application.Voaden explained that barite in Liberia is of good quality but is expensive to extract because it is in small vein underneath the surface and therefore it needs a lot of exploration and mining to get the barite out from the clay. “Part of the challenge for us today is to try to find the reserve and also be able to fit into the community and we are very pleased with the progress thus far,” Voaden told this paper.With 97 percent of the company entire workforce Liberians, Stein Bock Liberia currently maintained two working sites—Salala and the other one just across the rubber plantation, site 4—where a 15 kilometer road was constructed and is currently being used by residents in the area as well.Similarly, in an attempt to improve the learning environment in which the company currently operates, citizens from Dorkor Town and parts adjacent are currently constructing a school building from funds being provided by the company as part of its social contribution.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Container Truck Scare on Johnson Street

first_imgA truck carrying a container forced several people to run for dear life on Johnson and Ashmun Streets in Monrovia yesterday when the middle part of the truck skidded into a business center after hitting an LEC utility pole.There were no human casualties, but eye-witness Peal Collins said there was enormous damage to the business center and an LEC utility pole.Collins said the incident happened around 10am.“It happened all of a sudden as the container truck began to lose control,” Collins said.He explained that the truck, carrying a 40 feet Maersk container, veered into the business center as the driver was desperately trying to bring it to some level of control.He said the unidentified driver managed to swing the front side of the truck away from its course, but that the middle part of the truck hit the LEC pole, with parts of the truck covering the entrance of a business center.“People around ran for dear life,” Collins said, “and as you can see the container side is different from the driver’s side.”Collins said similar accidents are frequent on Johnson Street and that the Ministry of Transport should begin to work with truckers and their owners to ensure that trucks plying the streets of Monrovia are roadworthy.“We cannot say the trucks should operate at night because whenever there is an accident it will be difficult to help the injured,” Collins said.He suggested that the Ministry of Transport should ensure that at the beginning of every year, trucks are inspected to avoid any threat to human life.“We cannot wait until there is a tragedy before we start to find some solutions,” Collins said. “There are always accidents of such nature involving trucks. Either their breaks cannot hold or they have some other mechanical problems.”A man, who did not identify himself, told the Daily Observer that the truck’s universal joint broke, which caused the driver to lose control of the vehicle.“This is not news for journalists to come for,” he said, and walked away, “I don’t want you to take my picture.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more