Royal Dutch Shell returns to Libya

Royal Dutch Shell returns to Libya

London: It emerged that the Royal Dutch Shell (RDSa.L) had planned a return to Libya to develop infrastructure, pnew oil and gas fields and a solar project. The company exited the North African country because of unrest a decade ago. Under the ‘Libya plan’, talked over with state-run National Oil Corporation (NOC), Shell would seek for new oil and gas areas in several blocks in the onshore Sirte and Ghadames basins and the offshore Cyrenaica basin.

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