Honeywell UOP joins project to resurrect Fezzan refinery Free
Zallaf Libya Oil & Gas Co is trying to revive a refinery project in Fezzan in south-west Libya. The National Oil Corp (NOC) subsidiary has joined forces with the US group Honeywell UOP.
At the request of Libya's National Oil Corp subsidiary AGOCO, the Russian Zarubezhneft group sent a delegation to Benghazi in August. The EU and the US are both concerned this move may spell the possibility of sanctioned Russian oil being transshipped.
Mustafa Sanalla, the kingpin of the oil sector since 2014 who has already survived a previous attempt to dismiss him, has plenty of cards up his sleeve to make Prime Minister Abdelhamid Dabaiba back down once again on his decision to fire him.
French major Total is currently in advanced negotiations with the US oil company over its Libyan concession, but Tripoli could yet scupper the process. CEO Pouyanné is aiming for other concessions in Libya, home to Africa's largest oil reserves and where oil is very light.