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Libya Invites Global Oil Firms To Resume Operations

Libya Invites Global Oil Firms To Resume Operations
Dec 7, 2022 · 48s

Libya’s Tripoli-based government of national unity has invited international oil companies holding contracts with the state oil firm to resume working in the country. Production has been frequently halted over...

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Libya’s Tripoli-based government of national unity has invited international oil companies holding contracts with the state oil firm to resume working in the country.
Production has been frequently halted over the last decade following invasions of oil sites by armed groups and protesters.
Libya has Africa’s largest crude oil reserves and is desperate to increase production to fund much-needed investment in housing, transport, and electricity networks.
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Author Africa Business Radio
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