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NOC participates in Russian Energy Week summit in Moscow

The Address | Benghazi – Libya

MOSCOW – In a speech on the first day of his participation in the Russian Energy Week summit in Moscow, Mustafa Sanalla, chairman of the Tripoli-based National Oil Corporation, called for a new era of cooperation between the Russian oil industry and its Libyan counterpart, according to a statement by the NOC on Wednesday.

“Sanalla highlighted existing good relations between the two industries, listing the multi-billion-dollar trade in oil products between NOC and Russian IOCs over the last decade. He further detailed the progress that Russian companies are making in the resumption of significant exploration and development projects across Libya, previously halted by a deteriorating security situation.”, NOC said.

 

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