Libya to lean on foreign oil firms to fix infrastructure ...Qatar

Gulf Times - News

Libya is seeking funding from foreign oil companies to fix its ailing infrastructure after years of war and neglect, the nation’s top energy official said. The state-owned National Oil Corp was forced to shut down a leaking pipeline yesterday, which cut the Opec member’s crude production by around 200,000 barrels a day. “This gives you an indication that the infrastructure in Libya is really in bad shape,” Mustafa Sanalla, the NOC’s chairman, said during a conference hosted by the Atlantic Council. “We are now discussing with our partners how to finance and how they can help us. If the government can’t give the NOC the right budget, maybe we can take the budget from our partners.” Total SE,

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Last updated : 23 January 2021 clock 10:00 PM

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Libya to lean on foreign oil firms to fix infrastructure ...Qatar

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