LPRC Starts Work on Product Storage Terminal and Other Facilities

first_imgTechnical Services Manager Bobby Brown (center) explains to reporters the latest development at the LPRC -US$11M revenue losses expected in 24 months The management of the Liberia Petroleum Refining Company (LPRC) has finally commenced the construction of a total 90,000 metric ton storage capacity, office facilities, parking lots and loading gantry to modernize and expand its Product Storage Terminal (PST) and others.Authorities of LPRC recently signed a contract valued at US$21.8 million with Lutech Engineering and Project Management Consultants (FZC), a foreign-based company.Speaking to reporters yesterday during a tour of the ongoing construction work, the Managing Director of LPRC, Sumo G. Kupee, said the purpose of the tour was to inform the general public about the latest development unfolding at his entity, which will bring the LPRC facility up to date.Director Kupee said the ongoing construction work will not impact or cause any shortage of products on the Liberian market, adding that “Arrangement was made with private companies to provide additional storage capacities for LPRC to circumvent the shortage of product.”He said the management will be losing revenue to the tune of US$11 million dollars for the next 24 months due to product loss (leakage of tanks) and revenue loss as the result of transferring commodities to other tanks (two private companies have been hired to ensure that enough product is on the market), adding that “There is a need to speedily complete the storage work.”Director Kupee further disclosed that upon completion of the ongoing work, there will be increment of revenue and product due to additional storage capacities at the entity.Phase one of the contract, Mr. Kupee said, will cover basic work including the construction of two 80-ton truck weigh bridges; a central control room; new operations building; a tank farm fire protection system; completion of two service tanks (fire water and slop tanks), among others.Bobby Brown, Technical Services Manager, said the first phase of the project focuses on the demolition and construction of the six storage tanks, which include three gasoline tanks, two fuel tanks, and a fire tank which is partially completed, among others.This phase of the project, Mr. Brown said, will also construct a loading gantry (where the truck goes to take a product), which is currently taking only four trucks at a time, but will accommodate nine (9) trucks at a time upon completion, adding: “Additional nine trucks will be parked awaiting the removal of the already loading nine vehicles.”With the building and security, he said “We will have a one storage building with a flat-top to ensure that there is space for future construction in case of need of additional offices. On the issue of security of our product, we are using a manual level, but upon completion of this phase, we will graduate from the manual level of protecting our product.’Lutech is a dynamic engineering, procurement, and construction company with an international presence, specialized in the construction of fuel/gas oil storage terminals, water treatment, supply and distribution, transmission and distribution of power.LPRC is one of the oldest terminals in the sub-region, which was initially constructed as a private corporation before the Government of Liberia took over management of the company 30 years ago as a state-owned enterprise.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Chelsea set for transfer battle as Juventus make Blues star their No.1 target

first_img Oscar in action for Chelsea 1 Juventus have made Chelsea midfielder Oscar their summer transfer priority, according to reports in Italy.The front page of Monday’s Corriere dello Sport leads with the revelation that the 2015 Champions League runners-up want the Brazilian to be their marquee signing of the closed season.Oscar only signed a new long-term contract in November but there was speculation that he could be set to leave after his place in the first-team became increasingly inconsistent.He finished the season with 28 Premier League appearances, the fewest in a single season since he arrived from Internacional in 2012, and he was substituted off in 20 of those.Manager Jose Mourinho insisted back in April that he has no intention of selling the talented 23-year-old but given his age and contract situation, Oscar represents one of the most valuable assets in the Chelsea squad.And now Juve are reportedly ready to make their move with uncertainty surrounding the future of Arsenal target and fellow midfielder Arturo Vidal.However it has also been suggested that the Turin club do have a contingency plan should they fail to prise Oscar away from west London, with Real Madrid schemer Isco second on their wishlist.last_img read more

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What we learned in the Warriors’ blowout loss to the Bucks

first_imgThey succeeded.Milwaukee took the first of two regular-season meetings between the teams 134-111 Thursday, opening up a lead as large as 29 points on the defending champions.Giannis … Well, that’s about as poorly as the Warriors have played in the last five years.And they did it on their home court, no less.With no Draymond Green in the linuep, the Warriors were run off the Oracle Arena court Thursday by a hungry and talented Bucks team that was aiming to make a statement.last_img

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Cartoon: Asynchronicity

first_imgRelated Posts Tags:#Cartoons#web rob cottingham 9 Books That Make Perfect Gifts for Industry Ex… 5 Outdoor Activities for Beating Office Burnoutcenter_img 4 Keys to a Kid-Safe App Rob Cottingham is cartoon-blogging the Real-Time Web Summit – keep checking back for updates! 12 Unique Gifts for the Hard-to-Shop-for People…last_img

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Competing for the Real Value of a Deal

first_img Get the Free eBook! Learn how to sell without a sales manager. Download my free eBook! You need to make sales. You need help now. We’ve got you covered. This eBook will help you Seize Your Sales Destiny, with or without a manager. Download Now It is easy to underestimate the value of a deal. When you enter an opportunity into your CRM, the value tends to be based on the contract you are negotiating or your prospective clients annual spend in your category. What those metrics overlook is the lifetime value of the prospective client, should you win their business in a way that allows you to be something more than transactional.If, for example, your company keeps the clients it wins for seven years, then a $1 million annual spend is really $7 million if they are retained at your average retention. The reason this concept is important is that it provides a different context for how you pursue your dream clients. This is not to say that a $1 million account isn’t going to be worth your time and attention, but that a $7 million account will provide you with a different level of focus and intention in your pursuit.Playing to Win. Big.If you are playing for $7 million, you may be much more thoughtful and planning every interaction with that prospective client, ensuring that you create the requisite value to earn the right to continue on in the process of helping them change. Instead of winging it, believing that you have made hundreds-if not thousands-of sales calls before and that preparation is unnecessary, you will give your plan the time and attention it deserves.When you take a longer term view of the value of the deal, recognizing that $7 million may require more of you, you will spend more time with your leadership team, with your manager, and with your operational team building the best possible solution, differentiating yourself from your competitors, and putting your best possible offering in front of your prospective client. You will spend more time strategizing to ensure you have a plan to win, and you’ve done everything in your power to mitigate the possibility of a loss.More than anything else, you will spend more time with your prospective client, and that time will help you build consensus within the organization and resolve their concerns, giving them the confidence that you are the right partner to help them with the change initiative you are proposing. In a world where everyone hides behind three screens, having a presence is a differentiator in a competitive advantage.Playing for KeepsIt’s not that $1 million isn’t a large deal; it most certainly is. But a $7 million deal is even larger, and it provides you with a greater focus when you recognize the greater stakes for which you are playing.last_img read more

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Agnivesh joins stir against cow vigilantes

first_imgHuman rights activist and Bandhua Mukti Morcha president Swami Agnivesh joined a massive protest here on Monday against the Alwar lynching.The protesters demanded the arrest of the cow vigilantes named in the criminal case registered in connection with the lynching of dairy farmer Pehlu Khan at Behror in Alwar district.The Communist Party of India (Marxist) also extended support to the dharna and party leaders Vasudev and Ravindra Shukla joined the civil rights groups in their demand for compensation of ₹1 crore to the next of kin of Mr. Khan and suspension of police officers for “failing to show due diligence.” Mr. Khan’s family members from Nuh in Haryana also joined the demonstration at Shaheed Smarak near the Jaipur Police Commissioner’s office here. Mr. Khan’s uncle Hussain Khan said an atmosphere of terror had been unleashed in the entire Mewat region and the people were wondering if they would be allowed to live in peace.last_img read more

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FIFA chief hails re-election of Asian football chief

first_imgMOST READ SEA Games hosting troubles anger Duterte DA eyes importing ‘galunggong’ anew Panelo: Duterte ‘angry’ with SEA Games hosting hassles LATEST STORIES Bahrain’s Sheikh Salman returned unopposed in the Asian Football Confederation’s presidential election Saturday after Mohammed Khalfan Al Romaithi of the United Arab Emirates and Saoud Al Mohannadi of Qatar withdrew last month. Sheikh Salman was elected AFC president in 2013 after Mohammed bin Hammam of Qatar was banned for life for corruption by world governing body FIFA. He was elected to his first four-year term in 2015.Sheikh Salman cemented his position by signing a new commercial rights deal in 2018, expanding tournaments and increasing the money going back to member federations.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsInfantino told the AFC Congress that the no-contest was “important to show a united football family in Asia and to move forward in stability.” Sheikh Salman was absent to attend his mother’s funeral. Infantino led delegates to observe a few minutes of silence to mourn with Sheikh Salman and show that “we are with him.”Infantino, who defeated Sheikh Salman at the 2016 FIFA presidential election and is standing unopposed for another term in the FIFA polls in June, thanked the AFC for its support and stressed his commitment to expand football in the region. He said FIFA was stronger now under his watch, with higher revenue and reserves nearly tripled. Philippine Arena Interchange inaugurated PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Hontiveros presses for security audit of national power grid View comments Josh Urbiztondo announces retirement from basketball Duterte wants probe of SEA Games mess Private companies step in to help SEA Games hosting Read Next He said preparations for the 2022 World Cup were well ahead of schedule. FIFA and Qatar are still analyzing the prospect of boosting world soccer by adding another 16 teams, with the possibility of Qatar co-hosting with neighboring nations, he said.“It will be a nice achievement if the first World Cup with 48 teams is played in Asia,” Infantino said.FIFA decided in January 2017 that the World Cup will be 48 teams, but only starting in 2026 before the hosts were chosen. The United States, Canada and Mexico were chosen in a vote last year.The push to increase the number of teams in 2022 is fraught with political and logistical impediments as the United Arab Emirates, Saudi Arabia, Bahrain and non-Gulf state Egypt had cut political, trade, and transport ties with Qatar since mid-2017. They accuse Qatar of supporting terrorism, which it denies.ADVERTISEMENT Sports Related Videospowered by AdSparc FIFA President Gianni Infantino, left, on stage speaks during the 29th AFC Congress in Kuala Lumpur, Malaysia, Saturday, April 6, 2019. The Asian Football Confederation holds its presidential election on Saturday. (AP Photo/Vincent Thian)KUALA LUMPUR, Malaysia — FIFA President Gianni Infantino on Saturday hailed the re-election of Asian football chief Sheikh Salman bin Ebrahim Al Khalifa, saying it will help the region move forward in stability.Infantino also reiterated that negotiations were ongoing with Qatar to increase the number of World Cup teams from 32 to 48 in the 2022 tournament.ADVERTISEMENT Cayetano: Senate, Drilon to be blamed for SEA Games mess Don’t miss out on the latest news and information. last_img read more

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