I have never refrigerated my coconut oil. I had a container of Louana in the cupboard for several months without a problem. I have read that refrigeration is not required. There are a few brands that suggest refrigeration but I don't believe Louana is one of them. It would say so on the container. Make sure to use clean and dry utensils so you don't contaminate it. That could cause it to go rancid.
Louana coconut oil should be refrigerated after opening and should be used within a few days or tossed out. Coconut oil can be substituted for any solid or liquid oil, lard or butter. Read more from coconutketones.com/dietguidelines.doc.