Lana News
Libyan News Agency
Latest News

The American company (ConocoPhillips) assures minister of oil and gas its desire to continue investing in Libya.

Pulbished on:

Washington, January 07, 2023 (LANA) - The Minister of Oil and Gas of the Government of National Unity, "Mohammed Aoun," and his accompanying delegation met in Washington, with the Head of International Governmental Affairs and Political Risks at the American company ConocoPhillips, "Josh Corliss," deputy Director of International Governmental Affairs and Political Risks in the company, "Mac Moore" at the request of company officials.

The Office of Information and Communication stated that the Head of International Governmental Affairs, "Josh," confirmed the desire of ConocoPhillips to continue investing in Libya, and that it is ready to provide technical assistance, as the conditions in Libya are improving.

In turn, the Minister of Oil and Gas briefed the company's officials on the history of the Libyan oil sector and the mechanisms of joint cooperation between international companies operating in Libya. The Ministry of Oil and the National Oil Corporation he also touched on the principle of establishing transparency in transactions and procedures within the oil and gas sector in particular and the rest of the state structures in general.

The minister stressed the speedy implementation of projects that will have an impact on increasing oil and gas production, such as the North Jallo project and the site (NC 98).

According to the same source, at the conclusion of the meeting, the two parties stressed the continuation of contacts and consultations to overcome the challenges facing ConocoPhillips and other companies in carrying out their obligations.