Russian TASS news agency cited a senior executive in the Russian Tatneft oil production company as saying on Friday that the company saw good results in some wells during oil exploration activities in Libya.
In a statement on the sidelines of the Russian-African Summit, the executive officer and deputy general manager for strategic development in the company said that the company would complete its economic assessment of drilling in 2023 in order to understand whether or not it could continue to work in Libya, pointing out that the company drilled wells according to a plan and got a good flow rate in some of them.
"Now, we are making technical and economic calculations. If they are positive, we will move to the experimental development stage." He said.
Economy
