Libya seeks to continue contacts with Russian oil companies

World June 30, 2014, 18:04

“The situation in Libya is similar to Iraq’s. I believe that the crisis in Libya will last for years,” Russian Ambassador to Libya says

MOSCOW, June 30. /ITAR-TASS/. Libya does not intend to revise contracts with Russian companies that got concessions to develop oil fields, Russian Ambassador to Libya Ivan Molotkov has said.

“These are Gazprom Neft and Tatneft that worked on the Libyan oil market,” Molotkov told ITAR-TASS on Monday.

“At present, oil production has practically stopped. It reaches at least 200 million barrels per day. Major oil fields are controlled by armed groups that prevent oil production,” he said.

“The situation in Libya is similar to Iraq’s. I believe that the crisis in Libya will last for years,” Ivan Molotkov told ITAR-TASS.

“The parliamentary elections were held on June 25. We hope that they will play a stabilising role and give the country breathing room. The elections were recognised invalid. No results are available yet,” he said.

Libyans “should adopt the constitution, elect a new parliament and form a new government”, Molotkov said.

Read more on the site →