Russia’s Tatneft plans to resume projects in Libya
C.E.O. of Russia's Tatneft Oil reveals his corporation's intention to complete stalled projects in Libya
Maganov said in corporate comments that “Tatneft oil strives to finish its projects in Libya, most notably four exploratory contracts, comprising concession areas in the city of Ghadams and other adjacent projects on the Tunisian and Algerian borders.”
Libya and Russia inked a $10 billion trade deal in 2008, which included contracts for oil projects that Moscow hopes to complete.
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