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Wednesday, November 3, 2010

Libya launches 'Energy Cities' project

2010-11-02

Libya launched a $54b "Energy Cities" master plan, Tripoli Post reported on Monday (November 1st). "The energy cities at Al Brega and Ras Lanuf will provide opportunities for investors to access high quality hydrocarbon resources," Energy Cities Development Company chief Abdullah Mahmud told Zawya. Planners say the projects will create job opportunities, boost tourism and increase the country's economic diversification. In other energy news, the Libyan National Oil Company (NOC) announced that the 11 foreign companies operating in Libya's petrol sector employed nearly 5000 Libyans between 2007 and 2009. Some 1,000 Libyans are currently being trained in France, Spain, the United States, Great Britain, Canada, India, and Russia.

Source: Magharebia.com.
Link: http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2010/11/02/newsbrief-06.

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