Wednesday, June 25, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

UK Ambassador Voices Desire to Increase Investments in Libya

August 20, 2021
Share on FacebookShare on Twitter

On Thursday, the outgoing British Ambassador to Libya, Nicholas Hopton, said the cohesion of the Libyan oil sector was the main reason for the restoration of stability in the country, during a meeting with Mustafa Sanalla, the Chairman of the National Oil Corporation (NOC).

During the talks, Sanalla praised “the great and prominent role played by Hopton in support of the National Oil Corporation and its subsidiaries at all levels, to restore stability to the Libyan oil sector and prevent smuggling,” according to a statement by the NOC.

Sanalla also stressed that the NOC is looking forward to developing cooperation with British energy companies, in order to develop the Libyan oil sector, and open the door for foreign investments into the country.

Ambassador Hopton expressed the UK’s desire to “invest in Libya, through joint cooperation between the National Oil Corporation and its subsidiaries, with companies operating in the oil and energy field in Britain.”

Libya has been marred in conflict since the overthrow of long-time leader Muammar Gaddafi in 2011. In March, international mediation efforts resulted in the creation of the Government of National Unity (GNU), which is set to lead the country to elections in December.

Tags: libyaNicholas HoptonnocUKUK Ambassador
Next Post

Two Million Libyans in Need of Urgent Humanitarian Aid

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Italian PM Urges EU to Prioritise Libya’s Stability

Greece Reaffirms Willingness to Negotiate Sea Borders with Libya

UN Envoy Urges Support for New Political Roadmap in Libya

Libya Tops Agenda in Egypt-Turkey Talks

Saddam Haftar Meets Egyptian Army Chief to Boost Joint Security Plans

Italy Resumes Direct Flights to Benghazi

EDITOR PICKS

Libya’s Derna Opens New Rehab Centre

Saddam Haftar Meets Egyptian Army Chief to Boost Joint Security Plans

Greece Reaffirms Willingness to Negotiate Sea Borders with Libya

Italy Resumes Direct Flights to Benghazi

Global Powers Support UNSMIL Roadmap to Resolve Libyan Crisis

US Reaffirms Support for Berlin Process & Libyan Political Roadmap

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR