France economy

Total renews its desire to develop a partnership with Libya in the oil and gas fields

President of the Libyan National Oil Corporation (NOC), Farhat Bengdara, met on Thursday in Paris with the CEO of the French oil company Total, Patrick Pouyanné, and discussed TotalEnergies’ strategy and multi-energy activities in Libya, as well as than the ongoing implementation. strategic agreements signed with the Libyan authorities in November 2021 for the sustainable development of the country’s natural resources.

Total indicated on its website that Pouyanné confirmed to Bengdara TotalEnergies’ full commitment to Libya, and expressed its willingness to launch new investments to increase Libya’s oil production to supply the world market as well as the production of gas for national and European export markets. .

Pouyanné and Bengdara also discussed TotalEnergies’ desire to strengthen its investments in the renewable energy sector in Libya, with the former stressing that TotalEnergies aims to help Libya build a more sustainable future through better use of its natural resources. , including solar energy, which will directly improve accessibility to cleaner, more reliable and more affordable electricity for the people of Libya.

“Production following the 2021 agreement was 84,000 boe/d. This production came from the offshore Al Jurf field (TotalEnergies, 37.5%), from the onshore El Sharara zone (TotalEnergies, 15% on the ex-NC 115 block and 12% on the ex-NC 186 block) and the Waha fields (TotalEnergies, 20.41%, after the joint acquisition of the Hess stake).” Total says.