Tripoli seeks more Turkish assistance in energy sector

The Libyan authorities in Tripoli have invited Turkish companies to assist in energy production, offering them a larger share of the oil and gas reserves in the country.

"Libyan authorities have invited Turkish gas and oil companies to Libya, stressing that Turkish energy companies have not been able to not get the necessary share of oil and gas reserves in the country and should receive a higher share," said Murtaza Karanfil, head of the Foreign Economic Relations Board (DEIK) Turkey-Libya Business Council.

"We hope that the negotiations we initiated with the Libyan Oil and Gas Council at their request will be the beginning of a process that will result in the increased interest of the two countries," he told Andolu Agency (AA). "In the coming periods, we plan to sign an agreement on this issue, and we believe that this will create an unbreakable corridor between us and Libya."

The two countries signed an agreement in late 2019 on maritime borders. The agreement has been disputed by a number of neighbouring countries

Libya's government in Tripoli hopes that reviving the oil industry can help in the recovery from the damage caused by conflict for the past 9 years. 

source: commonspace.eu  

photo: The Bouri Oil Field off the Libyan coast (Picture courtesy of Reuters, London)

 

 

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Israel approves plans to capture the entire Gaza Strip

Israel approves plans to capture the entire Gaza Strip

Israel approved plans on Monday to capture the entire Gaza Strip and remain in the territory for an unspecified amount of time, two Israeli officials said, in a move that if implemented would vastly expand Israel’s operations in the Palestinian territory and likely bring fierce international opposition. Israeli Cabinet ministers approved the plan in an early morning vote, hours after the Israeli military chief said the army was calling up tens of thousands of reserve soldiers. 

Popular

Editor's choice
News
Israel approves plans to capture the entire Gaza Strip

Israel approves plans to capture the entire Gaza Strip

Israel approved plans on Monday to capture the entire Gaza Strip and remain in the territory for an unspecified amount of time, two Israeli officials said, in a move that if implemented would vastly expand Israel’s operations in the Palestinian territory and likely bring fierce international opposition. Israeli Cabinet ministers approved the plan in an early morning vote, hours after the Israeli military chief said the army was calling up tens of thousands of reserve soldiers.