By John Lee. Greek industrial company Mytilineos has announced that after three years of delay due to the internal situation in Libya, is relaunching the construction works for the power generation plant in Tobruk, as "the necessary funding lines that were languishing have been activated". The company, which is part-owner of METKA, said in a […]
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US Firms meet with Libya Local Investment & Development Fund (LLIDF)
U.S. Companies meet with Libya Local Investment & Development Fund (LLIDF) to promote Libya’s economy On March 22, the U.S. Embassy Libya External Office, based in Tunis, and the Libya Local Investment & Development Fund (LLIDF) co-hosted a U.S.-Libya commercial roundtable, bringing together representatives of U.S. companies to learn about LLIDF’s priorities on private sector […]
GE Wins $135m Power Deal
GE's Distributed Power business has announced that its trailer-mounted, mobile aeroderivative gas turbines have been chosen to help the General Electricity Company of Libya (GECOL) meet the country's growing power needs, with two of the units having been installed and commissioned within six weeks after site selection. This fast-track, $135 million project includes four of […]