Browsing: Business

Libya’s state-owned National Oil Corporation (NOC) held a technical meeting last Monday with representatives of its Algerian counterpart, Sonatrach, to define an exploration plan to be carried out in 2024 in the Ghadames Basin, in western Libya.

The Tripoli-based Libyan Ministry of Oil and Gas has publicly denounced the agreement signed between Egypt and South Korea for the export of Libyan oil via the Egyptian port of Garjoub. This denunciation follows an official statement on the Egyptian Ministry of Transport’s website and Facebook page.