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The National Oil Corporation agrees with British Petroleum to resume its activities in Libya

The Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, agreed with the CEO of British Oil Company BP, Bernard Looney, during their meeting in Houston, USA, that the British company would resume its activities in Libya.

Sanalla discussed with the British company official the resumption of its activities in Libya in its onshore exploration plots in the Ghadames Basin and its offshore plots in the Sirte Basin, as well as the Corporation’s strategy to develop onshore and offshore gas explorations with the aim of raising gas production rates in response to the increased demand for gas in global markets.

According to the media office of the National Oil Corporation, BP expressed its desire to hold a technical workshop with the Corporation to discuss the details and technical aspects of this strategy and the possibility of its participation in developing some of these opportunities. Its activity in Libya and its contribution to developing oil and gas reserves and raising current production rates. For his part, Sanalla welcomed BP’s return to resume its activities in Libya and its contribution to developing oil and gas reserves and raising current production rates.

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