Russian Exploration Company Discusses Geological Exploration With Libya's NOC - Statement

MOSCOW (Pakistan Point News / Sputnik - 06th October, 2018) Roman Panov, CEO of the Russian exploration company Rosgeologia (Rosgeo), discussed with Mustafa Sanalla, head of the Libyan National Oil Corporation (NOC), the conduction of exploration works in Libya, the Russian company said in a statement on Friday.

"During the meeting the parties discussed further steps on the development of cooperation in the sphere of natural resources management, particularly, conduction of geological exploration works to find fossil fuels in Libya as part of the earlier signed bilateral documents," the statement said.

Rosgeologia also focuses on the projects in the middle East and other African states, according to Panov.

"These are the most promising areas of growth, where there is a high demand on our services," Rosgeologia's CEO said, as quoted by the statement.

The meeting was held on the sidelines of the Russian Energy Week (REW) forum in Moscow.

The REW forum started in Moscow on Wednesday and will last until Saturday. Rossiya Segodnya International Information Agency is the official media partner of the event.