UPDATE 1-Libyan-Norwegian fertiliser venture to restart operations shortly- NOC
- Country:
- Libya
Libya's state oil firm NOC said on Saturday it had restored natural gas supply to LifeCo - the fertiliser joint venture it operates with Norway's Yara, allowing the factory to resume work shortly.
In January, NOC announced it had suspended gas supplies to Lifeco, saying the venture owed it money. "LifeCo shareholders have agreed on a number of measures to restore operational continuity and protect jobs, including the restoration of gas supply and NOC assuming control of the marketing of ammonia and urea fertiliser products," NOC said in a statement.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- NOC
- Libya
- Yara
- Norway
- shareholders
- Asma Alsharif
- Andrew Heavens
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