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Egypt’s oil companies plan return to Libya
[Libya Herald] The Egyptian General Petroleum Corporation (EGPC) and Egypt’s petroleum projects construction company Petrojet are looking to reactivate their presence on Libya.
In a statement following his meeting with the visiting heads of both EGPC and Petrojet, Maetig stressed the importance of economic cooperation with Egypt. It was also agreed to form a joint team from the National Oil Corporation and the Egyptian General Petroleum Corporation which would study possible projects. Today’s visit, the first by Egyptian oil officials to Tripoli ...a confusing city, one end of which is located in Lebanon and the other end of which is the capital of Libya. Its chief distinction is being mentioned in the Marine Hymn... in more than two years, followed a request at the end of February by Cairo for an increase in its imports of Libyan crude. In the event, although the Egyptians apparently asked for two million barrels of fuel a month plus quantities of diesel and jet fuel, in the end it was agreed to provide just 1 million b/d of crude for the moment Posted by: Fred 2017-04-05 |
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