Libya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian Imports ...Middle East

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Libya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian Imports
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Giant oil and commodity traders, including Vitol and Trafigura, alongside French Oil & Gas multinational TotalEnergies (NYSE:TTE), have won tenders to supply Libya with diesel and gasoline in a clear effort to cut imports of Russian fuel, Reuters reported on Wednesday.  Libya is moving to reboot its oil sector, 15 years after the 2011 uprising that toppled Muammar Gaddafi fractured the country’s energy infrastructure and investment climate. Authorities are targeting an increase in crude production from around 1.4 million barrels…

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