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Energy/ Algeria, Libya discuss timeline for return of Algerian companies to work in Libya, latest developments in oil operations

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BY: Hana Saada

 

ALGIERS- 

During a meeting on the sidelines of the OPEC+ conference in Vienna, the Libyan Minister of Oil and Gas, Mohammed Oun, engaged in discussions with his Algerian counterpart, Mohamed Arkab, regarding the timeline for the return of Algerian companies to work in Libya. The two officials also reviewed the latest developments in oil operations.

As the Libyan Oil Minister, Oun’s priority is to ensure the smooth functioning of the oil industry in his country. The discussions with his Algerian counterpart are a crucial step towards achieving this goal. The return of Algerian companies to Libya will not only strengthen the oil industry but also foster a sense of cooperation and collaboration between the two nations.

In conclusion, the meeting between the Libyan and Algerian Oil Ministers is a positive development for the oil industry in both countries. The discussions held on the sidelines of the OPEC+ conference in Vienna demonstrate a commitment to working together towards a common goal. As the world continues to grapple with the impact of the COVID-19 pandemic, it is essential that oil-producing nations come together to ensure the stability of the global economy.

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