U.S., Libya in high-level oil talks
Libya and the United States are conducting high-level energy cooperation talks.
The United States has been represented by Assistant Secretary of State for Economic Affairs Paul Simmons in the talks which began on April 10. Simmon and senior Libyan officials are discussing bilateral oil and gas development.
So far, Simmons has met with Libyan Energy Minister Fathi Bin Shatwan and Economic and Trade Minister Abdul Qader Khair, Middle East Newsline reported. The talks were said to have explored joint investments to develop Libya's oil industry.
In 2004, Libya awarded U.S. firms most of the oil exploration and development contracts. Tripoli has designated the United States as its main partner to increase Libyan oil production to three million barrels per day by 2010.
The United States has been represented by Assistant Secretary of State for Economic Affairs Paul Simmons in the talks which began on April 10. Simmon and senior Libyan officials are discussing bilateral oil and gas development.
So far, Simmons has met with Libyan Energy Minister Fathi Bin Shatwan and Economic and Trade Minister Abdul Qader Khair, Middle East Newsline reported. The talks were said to have explored joint investments to develop Libya's oil industry.
In 2004, Libya awarded U.S. firms most of the oil exploration and development contracts. Tripoli has designated the United States as its main partner to increase Libyan oil production to three million barrels per day by 2010.
posted by allanon at 6:13 AM
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