French Total Oil Says Libyan Oil Contract Has Not Negotiated

French oil giant Total said on Thursday that the company has not yet begun negotiations on Libya’s oil contracts, and it is not clear what some media reports said that the new Libyan regime has reached an agreement with the French government to participate in the Libya oil project for French companies. Give priority to the argument.

The report pointed out that the French local media liberation report reported on Thursday that Libya’s National Transitional Council had agreed in April this year to grant 35% of Libya’s domestic oil projects to France in exchange for French support for armed forces. Reuters also said in the report on the day that it obtained a copy of the letter mentioning the details of the transaction.

When Chief Oil Officer Christophe de Margerie answered a reporter’s question during a business event in Paris, he said, “I don’t know the so-called 35% oil project, but if it’s true, I don’t We don't think we'll know," he later emphasized. "At the moment there are obviously some discussions on energy trading, but our company hasn't participated yet, but whether this kind of negotiation has already begun."

Total Petroleum produced 55,000 barrels of crude oil a day before the war in Libya. The company will also be one of the companies that will benefit most from the restoration of Libya’s domestic order. Christopher Demagiri also admitted in the interview that Libyan officials "have contact" but have not discussed any contract. "The conversation is limited to what kind of help should be provided so that they can resume production as soon as possible. For me, the most It is important to know how we can resume production in a safe environment and continue our activities on the ground within a legal framework."