Global Arab Network | BP looking forward to return to Libya

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BP looking forward to return to Libya

Global Arab Network - - Ahmed Rashid

Monday, 22 August 2011 23:24

http://www.english.globalarabnetwork.com/images/stories/2011/Feb/libya_oil_gas.jpg

Global Arab Network - British energy giant BP said that it would seek to return to Libya to continue its exploration programme "when conditions allow" as Libyan leader Moamer Kadhafi faces imminent defeat.

"We intend to resume our activities and return to the country when conditions allow," a BP spokesman told AFP.

The London-listed oil giant evacuated its expatriate staff in February when a popular revolt broke out against strongman Kadhafi.

BP's Libyan operations are still in the early stages of development so the company did not have much infrastructure there.

The spokesman added that BP had been about to start drilling in the desert in the Ghadames basi and it was keeping in contact with its 100 local staff who remain in Libya.

A 2007 accord with Tripoli allowed BP to drill in the Mediterranean's Gulf of Sirte at depths of around 1,700 metres (5,500 feet) and at the onshore site near Ghadames.

The deal faced criticism in the United States, with suspicions that BP lobbied for the release of the Lockerbie bomber, Abdelbaset Ali Mohmet al-Megrahi, to push through the agreement.

Libyan Megrahi is the only person ever convicted of blowing up a US airliner over the Scottish town of Lockerbie in 1988, killing 270 people, mostly Americans. (AFP)

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