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2024

Eastern Libya Government Offers Refinery Project to Russian Company

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The eastern Libyan government has offered Russia’s Tatneft the opportunity to build a refinery in Libya as part of efforts to attract investments to the region. According to the Libyan Observer, the offer was made during the Russia-Islamic World Forum in the republic of Tatarstan, when the eastern government’s investment minister suggested that Tatneft build a refinery in Benghazi or Tobruk. Tatneft already has operations in Libya, where last year it struck oil at a field it operates together with the National Oil Corporation…