Libya seeks Italy's help with fire at oil facility


CAIRO: Libya's de facto oil minister said Sunday the country's crude production has fallen "drastically" and that he has reached out to Italian oil giant Eni SpA for help in extinguishing a blaze at an eastern oil facility snatched back from rebel fighters.

The call for help by National Oil Co. head Shukri Ghanem demonstrated the country's dependence on foreign oil companies' expertise and the crippling impact of an exodus of that labor force as a result of the fighting in the OPEC member.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Paragon Globe proposes to sell Johor land for RM238.32mil
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says
Independent auditor raises going concerns about Pharmaniaga
Ringgit ends lower on firmer US dollar index
Artroniq sells Penang property for RM1.8mil
Digital banks will not affect traditional banks in Malaysia
Dufu sees rise in global semiconductor sales and memory sector
MICCI, Penang work together to boost competitiveness in semiconductors, ports, trade
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
Apple’s China iPhone shipments soar 12% in March after discounts

Others Also Read