Zallaf Oil Libya and Repsol discuss field development and pipeline

The Spanish and Libyan companies intend to collaborate in the exploration, development and production of oil and gas in the Murzuq and Ghadames fields
Logo of the Spanish oil company Repsol

REUTERS/Sergio Pérez  -   Logo of the Spanish oil company Repsol

The oil companies Repsol and Zallaf have maintained contacts aimed at deepening joint cooperation with a view to developing their oil and gas business. A meeting between representatives of the Spanish and Libyan companies was held at the headquarters of the Zallaf Libya office. 

The meetings focused on reviewing the activities of Zallaf and discussing ways of joint cooperation between Zallaf and Repsol in the field of exploration, development and production of oil and gas in the Zallaf fields in the Murzuq and Ghadames basins. A pipeline to transport crude oil to Zawia refinery was also discussed.

The meeting also discussed benefiting from the experience of Repsol company in implementing sustainable development projects and social responsibility in the production areas and surrounding operations, Zallaf reported.

These contacts come after the reactivation of the oil sector in Libya, a country immersed in a civil war led by the Government of National Accord under Prime Minister Fayez Sarraj, based in Tripoli and supported by the United Nations (UN), Turkey, Qatar and Italy; and the Libyan National Army of Marshal Khalifa Haftar, associated with the other eastern executive of Tobruk and supported by Russia, France, Saudi Arabia, the United Arab Emirates and Egypt.  

Major talks to pacify the country were recently held between both sides in enclaves such as Bouznika (Morocco), Hurgada (Egypt) and the Ghadames itself. These contacts led to major progress towards achieving peace and national stability, including the UN's announcement of elections for 24 December 2021.  

Indeed, the energy sector was revived following these latest negotiations, including oil and gas. Companies such as Spain's Repsol, which are as important internationally, appear to be in a position to take advantage of this.