Oil Companies Return To Libya Despite Civil War

Egyptian oil companies that had operations in Libya but pulled out during the civil war will return to the country, the National Oil Corporation said. NOC’s chairman Mustafa Sanalla said the Egyptian companies will help Libya’s NOC to boost oil production by resuming previously suspended projects and will also take part in expanding the country’s pipeline network, both for oil and gas. Earlier this month, Sanalla warned that Libya’s oil production could drop steeply soon unless the Government of National Accord – the UN-recognized…