Libya Business News
Tuesday, March 9, 2021
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Industry & Trade

Libya, Spain to Review Ghadafi-Era Contracts

18th December 2012
in Industry & Trade
Libya, Spain to Review Ghadafi-Era Contracts
Share on FacebookShare on Twitter

Libya and Spain agreed on Monday form a joint committee to review the contracts signed by Spanish firms with the previous regime of Col. Muamar Ghadafi.

According to the Libya Herald, the accord was reached during the visit to Tripoli of Spain’s foreign minister, Jose Manuel Garcia-Margallo, and its development minister Ana Pastor, who are visiting Libya with a delegation of approximately 15 business executives.

Mr Marcia-Margallo said that he and his colleagues were the first Western governmental delegation to meet in Tripoli with Libya’s new government.

Libya’s acting foreign minister, Mohamed Abdelaziz, welcomed Spanish companies and emphasized the "exceptional" economic phase his country is passing through.

Spanish company Repsol produces 300,000 of the more than 1.5 million barrels of oil per day output in Libya.

The Spanish-Libyan committee will analyze the situation of the firms that had investments in Libya before the revolution, which signed contacts with the Gadhafi regime or which are awaiting payment for goods and services rendered.

Abdelaziz said he was in complete agreement with the plan and added that the solution for those companies must also be applicable to the rest of the foreign firms doing business with Libya.

(Source: Libya Herald)

Tags: RepsolSpain

Recent News

Possible Reopening of Iraqi Embassy in Libya

Possible Reopening of Iraqi Embassy in Libya

10th February 2021
Central Bank Tender for Repair of Concrete Domes

Libyan Parties Agree on Unified National Budget

9th February 2021
Video: Will Libyan Peace Attempt Succeed?

Video: Will Libyan Peace Attempt Succeed?

9th February 2021

Recent News

Possible Reopening of Iraqi Embassy in Libya

Possible Reopening of Iraqi Embassy in Libya

10th February 2021
Central Bank Tender for Repair of Concrete Domes

Libyan Parties Agree on Unified National Budget

9th February 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.