NOC Signs up With International Oil Companies Working in Libya to Promote Development Projects

Tripoli-The National Oil Company and a number of international companies have signed a $20 million agreement to execute some development projects in areas nearby the locations supervised by the Akakous Oil Operation Co. The agreement, which involved international partners such as Repsol, Total, OMV, Okinor, known as Akakous Coalition, was signed by Mustafa Sunallah the Chairman of the Board of NOC and the Director General of Repsol Libya Louise Paolo, as well as Deputy Chairman of Repsol Gomoa Shita and the Deputy Director General of Total Libya Ahmed Abu Ilesayen. The NOC said the agreement will help promote projects for the benefit of locals to improve life conditions in the municipalities of Obari, Bint Baya, and Sebha and Zantan up to Al Zawiyah in the north. It included projects for fresh water, infrastructure and maintenance work for reservoirs and water facilities. It also provided for support for centres for treatment of diabetes in Al Zawiya and programs for the youth.

Source: Libya News Agency