Libya seeks Saudi investment in oil industry

Libya seeks Saudi investment in oil industry
Updated 04 February 2013
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Libya seeks Saudi investment in oil industry

Libya seeks Saudi investment in oil industry

Libyan Oil Minister Abdelbari Al-Arusi yesterday met with Saudi businessmen in the Eastern Province to discuss prospects of cooperation and investment in the oil sector. He urged Saudi companies to invest in his country, especially in the oil industry.
“There are lots of investment prospects in the oil sector and other economic sectors, which have been made use of foreign investors,” Al-Arusi told the businessmen at Asharqia Chamber in Dammam.
He said he was visiting the Kingdom in coordination with Petroleum and Mineral Resources Minister Ali Al-Naimi, to make use of the Kingdom’s expertise in oil and petrochemical industries.