FILE PHOTO: A view of pipelines and a loading berth of the Marsa al Hariga oil port in the city of Tobruk, east of Tripoli, Libya, August 20, 2013. The meeting tackled procedures for activating the memorandum of understanding (MoU) that was signed with Petrojet to implement new petroleum projects in Equatorial Guinea, foremost of which a project to establish a new refinery. Moreover, Lima affirmed his country’s desire to seek the assistance of Egyptian petroleum services companies due to its great experience in managing and operating projects. The two ministers discussed the situation of the global oil and gas markets, the current changes they are witnessing, and challenges facing the producing countries. The meeting highlighted continued efforts to prepare for the Egyptian initiative to develop the energy transition in Africa, in cooperation with African ministries and institutions.

Source: Libya Today June 08, 2022 15:38 UTC