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NOC meets with the Russian Company Tatneft.

NOC Chairman of the Board Eng. Mustafa Sanalla met with Mr. Nail Maganov, General Director of PJSC Tatneft, the Russian Company, in the presence of Mr. Abulgasem Shingheer Member of the Board of Directors, Mr. Rafael Yabbarov General Manager of Tatneft Libya Branch and Mr. Ramil Mavlyutov Advisor to the General Director.

The meeting looked at a brief summary of the situation in Libya and the security improvement in the operations areas of NOC and its partners. Tatneft Company, which was informed of the existence of several partners and services companies and the continuing of work in different production areas, was also given general advices on how to evaluate the security situation in its Areas of Contracts.

 Eng. Sanalla urged the Company to return to Libya to resume its exploration activity, which stopped in 2014 after the declaration of Force Majeure.

It is worth mentioning that Tatneft Company, which had achieved a number of oil and gas discoveries, has contracts in the Areas of Sirte Basin and Ghadames Basin.

 Istanbul on 10 July 2017


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