Pakistan interested in cooperation with Libya on oil & gas sector.

Catogory : Market Report

National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla met with the Pakistani Ambassador to Libya, His Excellency Sajid Iqbal, on Monday. The two parties emphasized the special relationship between the two countries and the potential for enhanced cooperation, especially in the oil sector.

Ambassador Iqbal conveyed Pakistan’s desire to explore cooperation opportunities in the Libyan oil and gas sector, particularly with regards to seismic surveying and human resources development.

Chairman Sanalla welcomed the proposal and affirmed NOC’s determination to implement significant investment projects in the forthcoming period aimed at sustainably increasing production, calling on interested stakeholders to play an active role in projects through the tender process as advertised on the corporation’s official website. The meeting was also attended by Mr Mohamed Boulaaj, manager of NOC’s General Human Resources Department, and Mr Salah Ben Ali, manager of NOC’s International Cooperation Office.

This comes after Oil services giant Halliburton plans to resume its activities in Libya, Sirte Oil Company (SOC). SOC also reported that Halliburton had ‘‘confirmed its intention to participate during the year in the company’s business after the stability of the security situation in the company’s (SOC) areas of operations.