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Home Oil & Gas

Tatneft Sends Staff back to Libya

29th March 2013
in Oil & Gas
Tatneft Sends Staff back to Libya
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Russian oil company Tatneft has said it is sending staff members back to Libya nearly four months after meeting with representatives from the National Oil Corporation (NOC).

The company -- the first Russian energy company to enter Libya when it secured acreage during an international auction in 2006 -- said it invested more than $250 million in Libya before the revolution in 2011.

According to the report from UPI, Tatneft gave no information on the resumption of production and exploration activity.

(Source: UPI)

(Picture: Shafagat Takhautdinov, CEO of Tatneft)

Tags: National Oil Corporation (NOC)RussiaTatneft

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