TotalEnergies is upping its investments in Libya, with commitments to spend billions of dollars on conventional hydrocarbon and renewables projects. TotalEnergies will also invest in gas gathering projects to reduce flaring and supply power plants in the region and utilise solar energy to power Waha’s industrial facilities. Article continues below the advertAlso on the cards are solar projects that will supply power to the domestic market. Download Now“These agreements reflect TotalEnergies’ willingness to strengthen its investments in Libya’s energy sector,” said TotalEnergies chief executive Patrick Pouyanne. "These agreements further illustrate the sustainable development model of TotalEnergies, a global multi-energy company that supports producing countries in their energy transition,” he added.

Source: Libya Today November 23, 2021 10:48 UTC