Libya signs South Refinery contract with Honeywell
TRIPOLI, March 26 (Reuters) -A subsidiary of Libya's state-owned National Oil Corp (NOC) said on Sunday it had signed a contract with U.S.-based Honeywell HON.O for engineering work on the planned South Refinery project, likely to cost between $500 million and $600 million.
NOC subsidiary Zallaf For Oil And Gas Co said in a statement the project would be carried out in two phases but did not issue a schedule for works.
NOC has previously said South Refinery will produce cooking gas, jet fuel and other products, including 1.4 million litres a day of petrol and 1.1 million litres a day of diesel.
Libya is seeking to bring foreign investment back into its energy sector after two and a half years of comparative peace following years of conflict.
It hopes to take advantage of increased demand for its oil and gas in the wake of supply concerns in Europe resulting from the war in Ukraine.
Last month the Tripoli-based government agreed to move ahead with an offshore gas project in cooperation with Italy's Eni ENI.MI.
However, the political situation remains friable despite a plan for national elections, and even since the October 2020 ceasefire that ended the last big bout of fighting, armed factions have repeatedly shut down production.
Reporting by Reuters Libya newsroom; Editing by Angus McDowall and David Holmes
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。