NOC, EU discuss cooperation in oil, gas and renewed energy
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The Head of the European Union [EU) Delegation to Libya, Nicola Orlando, discussed with the Chairman of the Board of Directors of the National Oil Corporation (NOC), Farhat Bengdara, cooperation in the field of sustainable development of the oil and gas sectors, renewable energy, environmental protection and energy interconnection, with a significant contribution from the private sector.
إن زيادة إنتاج #ليبيا من الهيدروكربونات بطريقة مستدامة والاستفادة من إمكاناتها الهائلة في مجال الطاقة المتجددة هي أولويات مشتركة لليبيا و #الاتحاد_الأوروبي لتلبية الطلب الداخلي المتزايد وتعزيز شراكتنا.
This came during a meeting held on Monday in the capital, Tripoli, where Orlando stressed that increasing Libya’s oil and gas production in a sustainable manner, and benefiting from its enormous potential in the field of renewable energy, are common priorities for both parties, according to a statement by the European Delegation on its Facebook page.
The two parties agreed to cooperate in the field of reducing methane emissions, and supporting Libya’s commitment to ending the burning of natural gas through flares.
Orlando also expressed the European Union’s aspiration to deepen the partnership with Libya in the field of sustainable energy, according to the statement.
Talks with UK ambassador about Libya’s oil sector
Meanwhile, Bengdara also met with British Ambassador Martin Longden to explore efforts towards achieving full independence for Libya’s oil sector.
The meeting, held on Monday, emphasized the importance of strengthening transparency and governance standards, according to a statement from the NOC.
The discussion also focused on strategies for improving oil production and refining operational efficiency in Libya’s oil fields. Both sides examined opportunities for collaboration in the oil, gas, and renewable energy sectors between the two nations.
