Deal #1393 Version #53277

Allocation 13,962ha, expansion area 10,117ha, outgrower allocation 10,117ha. Company states that the "Palm Bay estate is 13,007 hectares of land as part of the concession as well as expansion areas totalling 20,234 hectares of which 50% is set aside for outgrower programmes. So in total it is 33,241 ha." Data sources state that the community won the protest to prevent the company from expanding its plantations in May 2014. This includes the retreat of the company from community land. However, the company is still demarcating planting blocks on community land (June 2014), without the consent from the community and in violation of international human rights law. The company states that this is not true and an MOU was signed with communities as to where oil palm can be planted on the estate. There are claims that the company owns a total of 169000 hectares in Liberia (see also #3461 and #1395). Another source (Frontpage Africa) states concession size is 34,398 hectares.

50years total: 7 years rehabilitation, 43 years regular

Initial contract signed in 1965. The initial contract was signed with Liberian Operations Inc in 2007, however EPO acquired Liberian Operations Inc in January 2008.

Started by Getty Oil (Liberian Operations Inc) in 1968

US$1.00/yr/developed ha, US$0.50/yr/undeveloped ha during rehabilitiation term (7 yrs). US$2.00/yr/developed ha, US$1.00/yr/undeveloped ha during regular term (43 yrs) In the period 1 July 2010 - 30 June 2011 the company paid US$23,177 for surface rental (=US$0.65/ha). Initially received a tax holiday of 7 years, in 2017 this was extended by another 5 years.