Libya, Italy discuss return of Italian oil companies to oil-rich country

  • 📰 trtworld
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Libyan PM Sarraj and Italian FM FM Luigi Di Maio discuss recent closure of oil production and demining efforts in African country

Italian Foreign Minister Luigi Di Maio and Libya's Prime Minister Fayez al Sarraj during their meeting in Tripoli, on July 16, 2020.

Security cooperation and efforts against illegal immigration, human trafficking, and smuggling were part of the topics discussed. Libya, with the largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil Industry, Accustomed To Booms And Busts, Is Rocked By PandemicU.S. oil producers are grappling with prolonged low oil prices and the uncertainty created by the pandemic. 'I do believe that the golden age of the mega deals in oil and gas may be gone,' an analyst says. Why do we need to pay expensive gas bills for these people to run their companies? It seems that virtually commerce in our nation is predatory and requires that we loss massively so that some can gain massively. Ergo, money is not infinite. to have rich, you must have poor. Thank goodness. Renewable has been the right investment for 50 years now. Oil only has money because institutions don't want to pay the cost of switching. With that initial cost going down as tech improves, oil SHOULD die off in our lifetime (assuming normal supply / demand curves)
Source: NPR - 🏆 96. / 63 Read more »