Libya, US discuss potential oil and gas sector partnership

On the sidelines of the World Bank-IMF Spring Meetings in Washington DC the Libyan Finance Minister Khalid Al-Mabrouk and the Minister of Oil and Gas Khalifa Abdul Sadiq met with the US Deputy Secretary of State for Energy Resources, Jeffrey Byatt, to discuss potential cooperation in the oil and gas sector. It comes at a time when both parties are highlighting the importance of attracting American oil companies to invest in Libya. The Libyan Ministry of Finance also clarified that the meeting addressed the possibility of leveraging gas capture and carbon dioxide storage technologies within ambitious future projects in Libya.