A delegation from Libya’s National Oil Corporation (NOC) was in China late last week at the invitation of state-run company China National Petroleum Corporation (CNPC) to discuss investment opportunities in the strife-torn North African country.
NOC’s delegation, led by chairman Mustafa Sanalla, met CNPC executives including its president Hou Qijun.
Hou said China and CNPC are interested in cooperating in Libya’s upstream sector, in oilfield services and in trading Libyan crude with a memorandum of understanding covering these issues to be signed at their next meeting.
